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Everyone’s bullish on SNDK — I’m watching the 4h short setup that nobody’s talking about.
$SNDK /USDT - SHORT
Trade Plan:
Entry: 2220.47 – 2226.47
SL: 2252.31
TP1: 2201.84
TP2: 2187.42
TP3: 2165.78
Why this setup?
RSI on 15m just hit 58.98, still room to fade. 1D trend is range, not breakout. Entry at 2223.47 with a tight SL at 2252.31 gives a 2.4:1 risk-reward to TP1 at 2201.84. Why now? ATR on 1h is 12 — volatility is low, meaning a breakout in either direction is imminent, and the short bias (55% confidence) favors the downside.
Debate:
Are you shorting this range top or waiting for a breakout confirmation?