$SNDK ‌SNDK is down on the day, but the chart still has a bullish recovery story behind it.

The price is around $1,913 after opening near $1,987. It touched a high around $2,021 and a low near $1,911. On the surface, the daily candle looks weak, but the broader intraday structure shows that SNDK recently pushed much higher, reaching the $2,324 area before cooling down. This type of pullback after a strong move is not automatically bearish. In fact, it can be healthy. Markets cannot move in a straight line forever. Strong assets often rally hard, reject from an overextended zone, then pull back to reset before attempting another move.

The bullish point is that SNDK is still trading above the earlier lower region around $1,835. That means even after the pullback, price has not returned to the original base. Buyers still managed to protect a higher structure.

The current weakness may be a retest phase. If SNDK can hold the $1,900 area and rebuild momentum, the chart could prepare for another push toward $2,000 and eventually back toward the recent high zone.

Bullish view: SNDK had a strong upside impulse, and this pullback looks more like profit taking than complete trend failure. Holding above the previous base keeps the bullish structure alive.

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