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SNDK 4-hour RSI hits the floor at 37—will a rebound be imminent?
$SNDK /USDT - Go LONG
Trading plan:
Entry: 1343.73 – 1353.77
SL: 1286.07
TP1: 1395.76
TP2: 1427.10
TP3: 1474.11
Why focus on this setup?
76% of retail traders are waiting for a lower price, but the LONG signal is already flashing:
- 15-minute RSI is only 37.46; oversold is the jump-off point
- TP1 is at 1395; the reward-to-risk ratio is 3.4:1, and SL is set only at 1286
- In a day (1D) sideways consolidation, 1348 is the 4-hour support level; if it doesn’t break, then LONG
Discussion:
Will this move pump first to TP2 and then dump, or will it go straight into a long trap to harvest?