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SNDK hides danger within the range, and the bears have targeted 1361!
$SNDK /USDT - go short SHORT
Trading plan:
Entry: 1359.25 – 1364.17
SL: 1385.36
TP1: 1343.97
TP2: 1332.14
TP3: 1314.40
Why focus on this setup?
Direction: SHORT, 4H timeframe signal, 55% confidence.
Why now?
- Price is consolidating around 1361; the 15-minute RSI is only 45.75, with weak momentum.
- The 1D trend is “range,” but the bear entry zone 1360-1364 has already triggered; TP1=1344, TP2=1332, stop-loss 1385.
- ATR 1H is about 9.86 points, with moderate volatility; this is exactly where the range upper-bound battle is happening.
Discussion:
Are you betting it reaches TP2 first, or that it gets a bull trap and bounces?