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This move made me re-verify one thing: when weakness continues, price often doesn’t give you a very comfortable entry, but the details gradually become clear.
$SNDK ’s opening position price at the time was 1695.17. What I was watching was that each rebound’s height was lower than the last, suggesting that the buy support above wasn’t strong. After the price moved to 1416.58, the sell-off response became gradually clearer, with a return of +789.02%.
In my observations, in this kind of market you can’t just focus on moment-to-moment fluctuations—you also need to see whether the momentum is continuously weakening. Some back-and-forth during the middle is completely normal; the key is not to let your emotions affect your judgment.
After trading for so long, I’m increasingly convinced that stabilizing your own pace is more important than trying to chase every segment of volatility.
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