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SNDK 4-hour oversold—are retail traders still panic-selling?
$SNDK /USDT - Go LONG
Trading plan:
Entry: 1532.76 – 1553.30
SL: 1414.86
TP1: 1639.15
TP2: 1703.24
TP3: 1799.36
Why focus on this structure?
- 15-minute RSI drops to 18.41, extremely oversold, and rebound momentum is building.
- The 4-hour bias is clearly LONG, with 77% confidence, and 1-hour EMA support is near 1543.03.
- The current price is near the lower end of the entry zone at 1532.76, with a better risk-reward than chasing higher.
- Why now? Oversold + support level + high confidence—the rebound window is open.
Discussion:
Will this move first hit TP1 at 1639, or go straight for a V-reversal to TP2 at 1703?