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SNDK bearish signals appear, with danger hidden in the 4-hour timeframe
$SNDK /USDT - Short SHORT
Trading plan:
Entry: 1942.17 – 1948.17
SL: 1973.99
TP1: 1923.56
TP2: 1909.15
TP3: 1887.53
Why focus on this setup?
- RSI 15m is only 47.47, not yet in the oversold zone; bearish momentum hasn’t been fully released
- The daily trend is range-bound, and the current price is near resistance at the upper range
- Main plan TP2 1909.15, SL 1973.99, with a reasonable risk-reward ratio
- Why now? In the 4-hour time frame, the bearish signal is already armed; waiting for the entry trigger
Discussion:
Will this move reach TP2 first, or is it a bull trap?