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Bear signals are already lurking; the $SNDK /USDT 4-hour chart hides danger.
$SNDK /USDT - Go SHORT
Trading plan:
Entry: 1435.67 – 1456.27
SL: 1544.82
TP1: 1371.83
TP2: 1322.41
TP3: 1248.27
Why watch this structure?
- RSI 15m is 65.79, close to the overbought zone, increasing pressure for a short-term pullback.
- The 4-hour trend is ranging, but the SHORT signal is confirmed; TP1 at 1371.83 is about 5% away from the current price.
- Why now? EMA suppression + weakening volume; around 1445.97, the short entry has resistance for confirmation.
Discussion:
Will this short reach TP1 first, or is it a fakeout drawing shorts in before a rebound?