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SNDK Short Squeeze Alert: 300-point violent pump, 1950 short positions trapped, only a few hours left for escape?
Last night SNDK surged 300 dollars, current price firmly at 2160, shorts opened around 1950 are underwater by over 100 points.
Technical indicators show a clear bullish pattern, this is not a rebound but a trend reversal.
Liquidation data: long liquidation intensity in the 2100-2150 range is 1.4 million, but short liquidation intensity is as high as 2.65 million, with a large accumulation of short stop-loss orders above.
Once the price continues to rise, it will trigger a chain of liquidations, and passive buy orders could directly push the price to 2270.
Smart money has already voted with their feet: 236 profitable traders with an average entry price of 1873, floating profits over 10 million; 232 losing traders with an average entry price of 2065, still holding on.
On the news front, SNDK listed on Solana enabling 24/7 trading, Morgan Stanley overweight + top short seller James Foord publicly admits mistake and turns bullish, fundamentals have completely shifted.
Good news: the window for self-rescue is still open. For those with 1950 shorts, here are 3 solutions to choose from based on your situation:
Method 1: Partial Stop-Loss
Reduce a quarter of the position at current price 2160-2170, then reduce another third if it rallies to 2200, and wait for a pullback for the remainder. Exit in batches to preserve capital.
Method 2: Hedge with Locked Position
Open an equal-sized long position at the current price to lock in the floating loss. The current funding rate is near zero, making the hedge low cost. When the price retraces to the support zone of 2100-2112, close the long position and use the profit to offset the loss.
Method 3: Wait for Pullback to Reduce Positions
Short-term support is at 2100-2115. If it retests this area, reduce or close the short position in time.
#0成本拿2股SK海力士 #BTC下探60000美元关键关口 $SNDK