$SNDK Follow the bearish direction. Everyone is currently waiting for a dip-buying rebound, which may actually be an opportunity to take the opposite view.

The overhead rejection zone is still effective. The 4-hour bearish structure remains, and the daily chart overall continues to range-trade. Price has shown a clear reaction in the 1609 to 1617 area. Check the 15-minute level: the RSI is around 60, momentum is neutral, and there may still be room for further downside. Also, the 15-minute trading volume has surged by nearly 4x; the real sell orders have already confirmed that they entered.

You can watch how price behaves around 1609 to 1617. The downside targets may test 1584 and even around 1536. A defensive level can be set above 1651. Contract volatility is high—manage risk carefully and don’t go in with too much.