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SHORT signal has already appeared—does SNDK have a 4-hour top divergence?
$SNDK /USDT — go SHORT
Trading plan:
Entry: 1524.82 – 1542.84
SL: 1620.34
TP1: 1468.95
TP2: 1425.70
TP3: 1360.82
Why focus on this structure?
- RSI 15m is only 53, not overbought, but the 4h trend is bearish
- TP1 at 1468.95 is about 4% of room from the current price
- ATR volatility is 36, suitable for setting SL at 1620
Discussion:
Is this move a false breakout within the range, or will it actually push down to TP2?