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The main party has laid a short around 1927—can $SNDK /USDT break through 1875?
SNDK_USDT - SHORT sell
Trading plan:
Entry: 1921.84 – 1932.82
SL: 1995.83
TP1: 1875.95
TP2: 1841.70
TP3: 1790.32
Why focus on this structure?
- 4-hour SHORT signal, confidence 77.4, clear direction.
- RSI on the 15-minute timeframe is 58.13, not overbought, with still room for downside.
- Current price is 1927.33; TP1 is 1875.95, TP2 is 1841.70; stop loss is 1995.83.
- Why now? The 1-hour EMA is under pressure; ATR volatility is 21.95; the breakout probability is low, and the bears hold the advantage.
Discussion:
Will this move hit TP2 first and then bounce, or is it a short trap?