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4-hour timeframe $SNDK /USDT shows a reversal signal. Are retail traders still hesitating?
SNDK_USDT - Go LONG
Trading plan:
Entry: 1322.03 – 1338.99
SL: 1224.66
TP1: 1409.90
TP2: 1462.82
TP3: 1542.21
Why focus on this structure?
RSI on the 15-minute chart has fallen to 34.57, entering the oversold zone. The 1-hour EMA support at 1330.51 is clearly in place. LONG direction has a 77% high-confidence setup. TP3 targets 1542.21, and this is exactly the dip-buying window.
Discussion:
Will this move reach TP2 first (1462.82) or will it bait a long and then pull back? See you in the comments.