SNDK's 15-minute RSI has fallen below 30. Is this a trap or an opportunity?



$SNDK /USDT - LONG

Trade Plan:
Entry: 1639.46 – 1656.46
SL: 1541.92
TP1: 1727.49
TP2: 1780.50
TP3: 1860.03

Why Focus on This Structure?
- Current price 1647.96, near the 4-hour EMA support, RSI at 30.31, in oversold territory.
- Daily chart shows consolidation, but LONG signal is clear (confidence 77%), rebound momentum is building.
- Targets are clear: TP1=1727.49 (+4.8%), TP2=1780.50 (+8%), SL=1541.92 (-6.5%).
- Why now? The oversold rebound window has opened. Missing this wave might directly hit TP2.

Discussion:
Will it hit TP1 first or directly trap bulls and pull back? Where is your stop loss set?
SNDK-10.34%
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