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Is SNDK long still holding on? The 4H has already shown the short-seller’s fangs
$SNDK /USDT - Short SHORT
Trading plan:
Entry: 1743.61 – 1762.85
SL: 1845.59
TP1: 1683.96
TP2: 1637.78
TP3: 1568.50
Why focus on this structure?
• 15-minute RSI is only 57.59, rebounds lack strength, and shorts are building up power
• 1H ATR reaches 38.48, volatility amplifies; 1753.23 is the current reference point for entering a short
• Clear SHORT direction: TP1 at 1683, TP2 directly at 1637, stop-loss set at 1845
• Why now? The daily is ranging, and the 4H short signal is stacked—waiting for a breakdown
Discussion:
Will this move hit TP2 first, or is it a bull trap? Drop your position direction in the comments