SNDK's 15-minute RSI has surged to 74, but the trend remains within the consolidation range.



$SNDK /USDT - SHORT

Trading Plan:
Entry: 1810.04 – 1830.60
SL: 1918.99
TP1: 1746.32
TP2: 1696.98
TP3: 1622.97

Why focus on this structure?
- RSI 74+ usually signals short-term overbought, but the 4-hour EMA is still in the resistance zone, indicating weak bullish momentum.
- Current price 1820.32 is close to the short entry reference point, and the 1-day trend is range-bound, suitable for mean reversion.
- Why now? Because overbought signal + range top make SHORT have a better risk-reward ratio.

Discussion:
Do you think RSI 74 is a false breakout luring longs, or a precursor to a real trend reversal?
SNDK9.52%
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