💥💫 SNDK (1h): SHORT-TERM BEARISH

My bias is bearish on the 1h, confirmed by the lower highs/lower lows structure and the also bearish BTC trend, despite a bullish daily context, making this setup counter-trend on D1 and requiring caution.

Current price is at 1520.72, below the key resistance at 1579.51 (last swing high) that would invalidate the bearish trend if closed above. Possible short entry zone around 1524-1530, close to a supply zone and bearish fair value gap to fill. Wait for clear bearish confirmation: rejection at resistance, reversal candle or increasing downside volume before entering.

Take-profit targets first toward the 1505 support then lower toward 1450, a major demand zone visible on the chart. Protection placed above 1579.51, a close above this level invalidates the bearish structure and flips the bias bullish. 📉

$SNDK ‌