SNDK 4-hour RSI has dropped to 17.75—dare you buy the dip?



$SNDK /USDT - LONG

Trading Plan:
Entry: 1505.51 – 1524.85
SL: 1394.53
TP1: 1605.67
TP2: 1666.00
TP3: 1756.49

Why pay attention to this structure?
- The 15-minute RSI is oversold, with 1-hour support at 1514, and a 4-hour bullish signal score of 77.4
- Entry now: around 1515, TP1 at 1605, TP2 at 1666, with SL set at 1394
- Why now? Oversold bounce + bullish structure intact, with a risk-reward ratio of 3:1

Discussion:
Will it first push up to TP2 and then pull back, or will it bait long positions and then dump?
SNDK-7.31%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned