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Is the main position using SNDK’s 15-minute RSI to lure longs?
$SNDK /USDT - Short SHORT
Trading plan:
Entry: 1367.28 – 1371.94
SL: 1391.94
TP1: 1352.87
TP2: 1341.70
TP3: 1324.96
Why focus on this structure?
- 4H-level short signal (confidence 55.4), but the 15-minute RSI=60.37; the rebound is just noise.
- The 1D trend is range-bound. Current price 1369.61 is near the resistance zone, giving the short a better risk-reward.
- Key logic: the EMA hasn’t flipped to bullish; RSI peaks and rolls over is the entry timing.
Discussion:
Will this short reach TP1 at 1352 first, or will there be a fake breakdown and rebound?