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SNDK bear trap? Don't be fooled by a fake rebound
$SNDK /USDT - short SHORT
Trading Plan:
Entry: 1602.06 – 1621.10
SL: 1702.96
TP1: 1543.05
TP2: 1497.36
TP3: 1428.82
Why pay attention to this structure?
Reasons to short SNDK_USDT now:
- 4H EMA death cross confirmed, RSI 15m at 51.36 only, weak rebound
- Daily range oscillating, clear resistance at 1621 above
- ATR volatility low, but bearish targets TP1 1543, TP2 1497 have ample room
Discussion:
Will this wave first hit TP2, or pump to SL 1702 to trap bulls and then dump?