1761 short $SNDK /USDT — a 4-hour EMA bearish crossover is about to happen?



SNDK_USDT — SHORT short position

Trading plan:
Entry: 1751.43 – 1771.11
SL: 1855.78
TP1: 1690.39
TP2: 1643.13
TP3: 1572.25

Why focus on this setup?
- Trend signal: The 1D chart is consolidating; the 4H direction is clearly bearish. RSI on the 15m is only 48.16, and the rebound lacks strength.
- Entry reference: Current price is 1761.27. TP1 targets 1690 (-4.2%), TP2 targets 1643 (-6.7%), and the SL is set at 1855.
- Why now? End of the range + a failed rebound with low RSI—bear momentum is building up for the next move.

Discussion:
Do you think this move will first test TP2, or will it lure a short-fake rebound?
SNDK4.87%
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