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15m RSI overbought at 77; SNDK shorts are set up at 1918.
$SNDK /USDT — SHORT
Trading Plan:
Entry: 1907.76 – 1928.60
SL: 2048.24
TP1: 1820.64
TP2: 1755.61
TP3: 1658.06
Why focus on this structure?
- The 4-hour timeframe bearish signal is confirmed, and the 15-minute RSI has entered the overbought zone, with heavy short-term pullback pressure.
- Enter near 1918; TP1 targets 1820, TP2 is at 1755—risk-to-reward looks attractive.
- The 1D trend is still ranging, but shorting from the highs has a higher win rate.
Discussion:
Will this short hit TP2 first, or will it lure longs in to get them blown up?