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SNDK 4-hour timeframe: short-sellers set up traps, 55% win rate—are you bold enough to follow?
$SNDK /USDT - Short SHORT
Trading plan:
Entry: 1772.09 – 1790.15
SL: 1867.83
TP1: 1716.09
TP2: 1672.74
TP3: 1607.71
Why focus on this setup?
• The 15-minute RSI has fallen to 24.43, hovering in the oversold zone and building up a rebound, but the 4-hour direction is clearly bearish.
• Current price 1781.12: use the 1772–1790 zone as entry reference; TP1 at 1716 makes the risk-reward very attractive.
• The 1-day trend is sideways—short opportunities are after the second dip following short-term oversold conditions, not chasing shorts right now.
Discussion:
Will this wave of bearishness first bounce up to TP2 to lure longs, or will it directly break through 1716?