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SNDK bearish signals are out, but do you really dare to follow?
$SNDK /USDT - SHORT
Trading plan:
Entry: 1471.75 – 1493.29
SL: 1585.90
TP1: 1404.98
TP2: 1353.29
TP3: 1275.76
Why focus on this structure?
- 4-hour SHORT signal, confidence 55.4%, the long/short equilibrium point.
- RSI (15 minutes) 66.99, approaching overbought, with heavy short-term pullback pressure.
- Current price 1482.52, exactly at the 1-hour P point, with clear resistance.
- Why now? The EMA trend is weakening; RSI is overbought + daily range-bound action—high probability of a bearish retest.
Discussion:
For this move, do you take TP1 1404 first, or do you go for the trap-pump and pullback directly?