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Bears set a trap at SNDK’s 4H key level—what are retail traders still waiting for?
$SNDK /USDT - SHORT
Trading plan:
Entry: 1352.12 – 1369.72
SL: 1445.39
TP1: 1297.57
TP2: 1255.33
TP3: 1191.98
Why pay attention to this structure?
- The 4H bearish signal is activated; RSI on 15M is only 46.37, and momentum is not overbought.
- In a range-bound consolidation trend, the entry reference is 1360.92; TP1 at 1297.57 is right within reach.
- ATR on 1H is 35.19, with moderate volatility; the stop loss at 1445.39 is clear and controllable.
- Why now? The 4H pattern has just formed; the bearish structure is complete, and the odds are in your favor.
Discussion:
Will this leg drop first to TP2 at 1255, or is it a short-squeeze rebound from a bear trap?