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Bears lurking at 1628, will SNDK break the previous low this wave?
$SNDK /USDT - Short SHORT
Trading Plan:
Entry: 1617.33 – 1640.11
SL: 1738.03
TP1: 1546.74
TP2: 1492.08
TP3: 1410.10
Why pay attention to this structure?
- 4-hour level direction is clearly SHORT, confidence 55.4%, EMA moving average suppression
- RSI 15-minute 44.74, relatively weak but not oversold, still room for downside
- Current price 1628.72, TP1 at 1546 (-5%), TP2 at 1492, attractive risk-reward ratio
- Why now? 1-day trend oscillating, but short-term bearish momentum accumulating, waiting for breakdown signal
Discussion: