SNDK shorts are already positioned—who is quietly accumulating?



$SNDK /USDT - SHORT

Trading Plan:
Entry: 1865.75 – 1887.29
SL: 2010.93
TP1: 1775.71
TP2: 1708.51
TP3: 1607.70

Why focus on this structure?
- Bearish signal on the 4H timeframe, key resistance at 1876.52 on the 1H remains unbroken, 15m RSI overbought at 73 hints at a pullback.
- Price is currently in an EMA cluster; if it breaks below the 1865 support, TP1 at 1775 is in sight.
- Why now? RSI at highs + end of range consolidation—direction is about to be decided.

Discussion:
Will this leg first hit TP2 at 1708, or is it a false breakout to lure shorts then bounce?
SNDK9.46%
View Original
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