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Why the smart money just placed a 77% confidence SHORT on SNDK right now.
$SNDK /USDT - SHORT
Trade Plan:
Entry: 2171.46 – 2185.80
SL: 2268.12
TP1: 2111.51
TP2: 2066.77
TP3: 1999.65
Why this setup?
• 4h timeframe signals a high-probability reversal with RSI at 65.97 on the 15m—overbought in a range market.
• Entry zone: 2171–2185. TP1 at 2111 is the first target, with potential for -3% to -8% move.
• Why now? The range-bound daily trend means momentum fades fast—shorts thrive when everyone expects a breakout.
Debate:
Are you fading the 2178 level or waiting for a confirmation candle below 2171?