SNDK Short Trap? RSI 15m Is Oversold!



$SNDK /USDT - Go SHORT

Trading plan:
Entry: 1796.63 – 1814.05
SL: 1888.97
TP1: 1742.62
TP2: 1700.81
TP3: 1638.09

Why focus on this setup?
- The 15-minute RSI has fallen to 26.58, extremely oversold, with high risk of a short-term rebound.
- The 4-hour bias is clearly bearish, but the 1-day trend is still within a ranging zone.
- Current price is 1805, close to the entry reference level, but watch out for a false breakout after oversold conditions.
- Why now? Oversold + range-bound market: shorts may first lure the market up, then sell it off.

Discussion:
Will this move rebound first to 1814 then drop, or will it break 1796 directly?
SNDK1.99%
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