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1365 shorts SNDK—can this move reach TP2?
$SNDK /USDT - SHORT
Trading plan:
Entry: 1360.64 – 1369.08
SL: 1405.36
TP1: 1334.49
TP2: 1314.24
TP3: 1283.87
Why focus on this structure?
- 1D trend is ranging; the 4H SHORT signal is clear, with entry at 1364.86.
- RSI 15M is in the neutral zone at 50.28; 1H ATR 16.87, volatility is controllable.
- Why now? TP1 at 1334.49 is within reach; TP2 at 1314.24 has a chance; SL at 1405.36 provides protection.
Discussion:
Will this first hit TP2, or is it a long-squeeze trap?