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SNDK’s RSI on the 15M is only 47— is this LONG a fake breakout?
$SNDK /USDT — Go LONG
Trading plan:
Entry: 1341.76 – 1349.16
SL: 1299.23
TP1: 1380.14
TP2: 1403.25
TP3: 1437.93
Why focus on this structure?
- 4H LONG signal, confidence 77; EMA support is around 1345.
- 15M RSI 47.57 is not overheated, and there’s still room to the upside.
- Current entry at 1345.46; TP1 1380, TP2 1403, SL 1299.
- Why now? In daily range trading, the 4H direction is clear, and the low RSI provides a margin of safety.
Discussion:
Will this SNDK reach TP2 first, or will it get swept out by the SL?