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Everyone’s bullish on $SNDK /USDT — but the 4h chart just screamed “trap.”
$SNDK /USDT - SHORT
Trade Plan:
Entry: 2007.36 – 2023.42
SL: 2092.48
TP1: 1957.57
TP2: 1919.02
TP3: 1861.20
Why this setup?
- RSI at 56 on 15m shows fading momentum, not a breakout.
- 1D trend is range, so shorts have room to TP1 at 1957.57.
- Entry zone 2015-2023 is a rejection magnet; ATR of 32 means volatility is on your side.
Debate:
Are we fading this pop to 2016 or waiting for a clean breakdown below 2007?