Post
Bearish

$SNDK /USDT is range-bound, but a short bias is forming at 1752.38



$SNDK /USDT - SHORT

Trade Plan:
Entry: 1747.11 – 1757.65
SL: 1802.99
TP1: 1714.42
TP2: 1689.12
TP3: 1651.16

Why this setup?
Why now? The daily trend is range-bound, which means we are looking for exhaustion at the top of the range to sell into. The 1h ATR of 21.087495 confirms that recent volatility is large enough to justify a measured entry zone between 1747.11 and 1757.65. The 15m RSI at 56.12 shows the market is not yet overbought, so we wait for a rejection at the 1h price of 1752.38. The target TP1 is 1714.42, with a deeper TP2 at 1689.12, while the invalidation level at 1716.10 acts as the hard line in the sand against this setup.

Debate:
Are we hitting TP2 or getting trapped before the invalidation level?

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SNDKSNDK+0.74%


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Psycho
19 minutes ago
Bullish 👀
0
Psycho
19 minutes ago
Interesting 👀
0
Psycho
19 minutes ago
Bullish 👀
0
QueenOfTheDay
an hour ago
First Review
Bullish 👀
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