4-hour $SNDK /USDT is a hidden trap. Do you dare to go short?



SNDK_USDT - Short SHORT

Trade Plan:
Entry: 1701.59 – 1725.11
SL: 1826.26
TP1: 1628.67
TP2: 1572.21
TP3: 1487.53

Why focus on this structure?
- Current price 1713.35 is a key 4h resistance. RSI (15m) at 64.05 is near overbought zone, short-term upward momentum is exhausted.
- The 1D trend is in a range, with clear bearish signals—main plan targets TP1 1628.67, TP2 1572.21, risk-reward ratio 3:1.
- Why now? EMA resistance + high RSI, likely to fake out long positions then pull back.
- Stop loss at 1826.26; a break would signal a reversal.

Discussion:
Will this leg hit TP2 first then collapse, or will it directly fake out longs and liquidate short positions? Share your views in the comments.
SNDK9.30%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned