1945 Short Trap? $SNDK /USDT 4-hour Timeframe Hides Danger



$SNDK /USDT - SHORT

Trading plan:
Entry: 1941.27 – 1949.21
SL: 1983.37
TP1: 1916.64
TP2: 1897.58
TP3: 1868.98

Why focus on this structure?
- 1-hour EMA pressure is in place; the RSI on the 15-minute timeframe has already dropped below 42, and the bearish momentum hasn’t been fully released yet
- TP1 1916.64 is only 1.5 ATR away—right now, is the current consolidation building fuel or setting up a bull trap?
- Daily range consolidation: in the SHORT direction, the win rate is 55%, and the reward-to-risk ratio is 2.3:1, making it more favorable

Discussion:
Will this leg first drop to TP1 1916, or will it rebound and test 1983 before going SHORT?
SNDK1.64%
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