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SNDK is building momentum for a breakout reversal; the main force may be luring traders in on a fakeout
$SNDK /USDT - Short SHORT
Trading plan:
Entry: 1757.22 – 1777.86
SL: 1866.64
TP1: 1693.22
TP2: 1643.67
TP3: 1569.34
Why focus on this structure?
- 4h SHORT signal. Entry reference at 1767.54. TP1 at 1693.22, TP2 at 1643.67.
- RSI on the 15m timeframe is at 50.26, hovering around the midline—direction not set yet, but leaning bearish.
- The 1D trend is range-bound. The current price is near the upper edge of the range, with more room to the downside.
Discussion:
Will this wave first spike into TP2, or will it lure a sell-off before rebounding?