$SNDK The sell-off continues, and the shorts have once again grabbed a large swing.

Congrats to the brothers who followed—this round of the SNDK short positions is still paying out. Once the trend becomes clear, the profit space is very obvious.

In terms of the market structure, after earlier consolidation at the high level, a big bearish candle appeared on increased volume and a decisive breakdown. It directly broke through the support of the ranging zone; afterward, the rebound had very weak follow-through and failed to form an effective takeover. The short-term structure has already shifted from high-level consolidation to a one-way downtrend. Consecutive bearish candles keep suppressing price, and every long-side attempt to counterattack fails.

This short was set up around 1457. The current price is now around 1039, and the return is already above 1379%.

Although the current price is approaching the previous low area, there hasn’t been a clear “stop the fall” signal with a noticeable increase in volume. The rebound is more like a technical correction for now. Going forward, focus on whether support can hold and the strength of the rebound. Until price stands back above the key resistance level, the short trend has not changed for the time being.

If you didn’t catch this move, don’t worry—there are always opportunities in the market. Real steady trading isn’t about chasing every fluctuation; it’s about waiting until the structure confirms before you act.

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