The shorts have targeted SNDK, with 1362 as a key line of defense.



$SNDK /USDT - SHORT to open a short position

Trading plan:
Entry: 1360 – 1364
SL: 1384
TP1: 1346
TP2: 1335
TP3: 1318

Why focus on this structure?
- On the 4-hour timeframe, the direction is clearly SHORT, with confidence at 55.4%, and the current price 1362 is right at the entry range.
- The 15-minute RSI is only 48.79, not oversold, and there is still room for downside momentum.
- The 1-day trend is ranging, but the bearish signal has been activated, targeting TP1 1346 and TP2 1335.
- Why now? The entry zone 1360-1364 aligns perfectly with the resistance level, and with low RSI, selling pressure can start at any time.

Discussion:
Will this wave reach TP2 1335 first, or will it be a bull trap bounce?
SNDK0.95%
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