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SNDK short signal is activated—don’t get fooled by a bounce.
$SNDK /USDT - SHORT
Trading plan:
Entry: 1943.6 – 1949.6
SL: 1975.2
TP1: 1925.2
TP2: 1910.9
TP3: 1889.4
Why watch this structure?
- 4h timeframe confirms SHORT; 1h EMA suppresses around 1946.6; RSI on 15m is only 44.24, with weak momentum.
- Intraday trend is ranging, but the short entry zone is 1943-1949; TP1 is at 1925 and TP2 at 1910, with clear downside room.
- ATR on 1h is about 11.9, volatility is manageable; set SL at 1975, with a suitable risk-reward ratio.
Discussion:
Will this move hit TP2 first, or is it a trap—longs bait for a rebound before dropping again? Did you place your orders?