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Bear trap or a real sell-off? $SNDK /USDT short-term signal is already on
$SNDK /USDT - SHORT
Trading plan:
Entry: 1944.20 – 1951.86
SL: 1984.77
TP1: 1920.48
TP2: 1902.11
TP3: 1874.56
Why focus on this structure?
- RSI (15m) is only 48.77, not overbought—there’s still room for the bears.
- 4H direction is clearly SHORT. Entry reference: 1948.03, TP1 1920.48, TP2 1902.11, stop loss 1984.77.
- Why now? The intraday trend is ranging, but the short-cycle bearish signal has just been triggered, with a better risk-reward than chasing longs.
Discussion:
Will this SNDK move first to TP2, or get a bull-trap fakeout pullback? Where are you setting your stop loss?