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$SNDK /USDT on the 4-hour chart: a LONG signal with a 77% probability, but the trend is still within a range?
$SNDK /USDT - Go LONG
Trading plan:
Entry: 1342.67 – 1349.71
SL: 1302.25
TP1: 1379.14
TP2: 1401.11
TP3: 1434.06
Why focus on this structure?
- RSI on the 15-minute timeframe is 49.32, neutral-to-weak, but not oversold—so the rebound potential isn’t locked down
- ATR on the 1-hour timeframe is 14.08, moderate volatility, suitable for catching trend continuation
- Entry reference at 1346.19, stop-loss at 1302.25, TP1 at 1379.14—why right now? In range-bound consolidation, the LONG signal appears near the lower area; the risk-reward ratio is close to 3:1, waiting for a breakout confirmation
Discussion:
Will this move first hit TP2 at 1401, or will it reverse at the top edge of the range?