SNDK shorts set up a trap—will the 4H box lower boundary break soon?



$SNDK /USDT - SHORT

Trading plan:
Entry: 1916.68 – 1929.84
SL: 1986.40
TP1: 1875.90
TP2: 1844.33
TP3: 1796.98

Why focus on this structure?
- Current price 1923.26, the 1H trend weakens; RSI (15M) is only 52.86, with insufficient momentum.
- Within the 1D ranging range, the short signal is clear: TP1 1875.90, TP2 1844.33, stop-loss 1986.40.
- Why now? 4H EMA overhead pressure, ATR volatility at 26.3, with plenty of downside room.

Discussion:
Will this move reach TP2 first, or will it fake a breakdown and then bounce back to lure longs?
SNDK7.20%
View Original
post-image
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