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Bearish signals are out—how long can $SNDK /USDT hold up?
$SNDK /USDT - SHORT
Trading plan:
Entry: 1779.59 – 1796.19
SL: 1867.55
TP1: 1728.15
TP2: 1688.32
TP3: 1628.57
Why focus on this structure?
- 4-hour bearish signal, confidence 55%, clear direction.
- Current price 1787.89, near the EMA resistance zone; RSI 15m 57.49 has not hit overbought.
- First target TP1 1728.15, with SL 1867.55—risk/reward is reasonable.
- Why now? The daily is ranging; the 1-hour resistance at 1787.89 has not broken, and the bears are building momentum.
Discussion:
Will this move reach TP1 1728 first, or will a false breakdown bait liquidity to pump upward?