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1594 SNDK — what are the shorts waiting for?
$SNDK /USDT — SHORT
Trading Plan:
Entry: 1582.81 – 1605.53
SL: 1703.25
TP1: 1512.36
TP2: 1457.82
TP3: 1376.00
Why focus on this structure?
- The 1D trend is ranging, but the 4h direction is clearly bearish, and the 55% confidence isn’t low.
- The 15-minute RSI is 38.88 and has already entered the weak zone, making rebounds feeble.
- The current price at 1594.17 is precisely sitting on the 1h key level; once it breaks below 1582, it accelerates.
- Why now? Short-term momentum is exhausted, and the shorts’ logic holds.
Discussion:
Will this move hit TP1 at 1512 first, or is it a bear trap bounce-back?