SNDK’s 4-hour RSI drops to 31—are the main players accumulating?



$SNDK /USDT - LONG (buy)

Trading plan:
Entry: 1483.67 – 1501.43
SL: 1381.67
TP1: 1575.71
TP2: 1631.15
TP3: 1714.30

Why focus on this setup?
- 15-minute RSI=31.95, close to the oversold zone, and short-term rebound momentum is building.
- The 4-hour EMA trend is still bearish, but ATR=35.5 shows volatility is low, which is often a precursor to a big move.
- The current price 1492.55 is exactly at the 1-hour EMA support level. LONG target TP1=1575 (+5.6%), with a reward-to-risk ratio over 3:1.
- Why now? RSI bottoming + support confluence—wait for volume confirmation before entering.

Discussion:
Will this move first hit TP1, or directly V-rebound to TP2? Where are you placing your orders?
SNDK-12.61%
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