SNDK’s 4-hour level hides danger—are the big players luring longs or is it a real drop?



$SNDK /USDT - SHORT

Trading Plan:
Entry: 1678.04 – 1700.90
SL: 1799.24
TP1: 1607.14
TP2: 1552.26
TP3: 1469.93

Why focus on this structure?
- Current direction: SHORT, confidence 55%. The 1D trend is a consolidation range, not a strong one-way move.
- Why now? The 15-minute RSI is only 42.59, and momentum is weak. The 1-hour EMA shows resistance above at 1688.85. If price rebounds to around 1689 and meets resistance, the short thesis holds.
- Clear targets: TP1 at 1607, TP2 at 1552; stop loss at 1799, and the risk-reward ratio is reasonable.
- If it breaks above 1700, then switch to an ALT long position—but the current signals are more skewed to the downside.

Discussion:
Will this SNDK move reach TP2 first, or is it luring longs to blow up the shorts?
SNDK11.04%
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