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Short signal detected, how long can SNDK hold?
$SNDK /USDT - Short SHORT
Trading Plan:
Entry: 1706.39 – 1731.37
SL: 1838.77
TP1: 1628.96
TP2: 1569.02
TP3: 1479.10
Why focus on this structure?
- 4H trend is clearly SHORT, confidence 55%, 1D trend is a range, suitable for selling high.
- Current 15M RSI 65.7, near overbought, 1H reference price 1718.69 close to entry zone.
- Why now? Because RSI pullback + upper range resistance, short risk-reward is better than long.
- Target TP1 1628.96, TP2 1569.02, stop loss 1838.77, risk manageable.
Discussion:
Will this short order hit TP1 first, or get stopped out by SL first?