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SNDK 4-hour short signal is armed, who is secretly building positions?
$SNDK /USDT - Short SHORT
Trade Plan:
Entry: 1568.10 – 1591.22
SL: 1690.60
TP1: 1496.46
TP2: 1440.99
TP3: 1357.79
Why pay attention to this structure?
- RSI 15-minute only 39.62, bearish momentum not yet exhausted, but 1D trend is sideways, not trending.
- Current price 1579.66, close to the middle of the short entry range, TP1 at 1496.46 (-5.3%), TP2 at 1440.99.
- Why now? The 4-hour short signal has just been activated, RSI is not oversold, short-term still has downside room.
Discussion:
Will this short hit TP2 first, or fake short rebound to blow up SL?