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SNDK has reached a key support level on the 4-hour chart—are the manipulators preparing to pump?
$SNDK /USDT - LONG
Trading plan:
Entry: 1660.7 – 1678.3
SL: 1559.3
TP1: 1752.1
TP2: 1807.2
TP3: 1889.9
Why focus on this structure?
- A 4-hour LONG signal with 77.4% confidence. The RSI on the 15-minute chart is already at 30.83, in the oversold zone, with strong rebound demand.
- The current price is 1669.5, right around the EMA support area. The bullish TP1 target is 1752.1, with a reward-to-risk ratio of over 2x.
- Why now? While the daily chart is still ranging, the 4-hour chart has already provided a clear entry range (1660.7-1678.3), with a clearly defined stop-loss at 1559.3.
Discussion:
Will this move reach TP2 at 1807.2 first, or will it lure buyers up and then pull back to hit the SL?