Post
Bearish

$SNDK /USDT is range-bound on the daily, but the 1h setup screams short



$SNDK /USDT - SHORT

Trade Plan:
Entry: 1679.32 – 1689.42
SL: 1732.89
TP1: 1647.98
TP2: 1623.72
TP3: 1587.33

Why this setup?
Why now? The daily trend is range, which means we are inside a clear mechanical range where mean reversion trades have a statistical edge. The 1h ATR of 20.21695 tells us volatility is expanding enough to push price into the entry zone near 1684.37, where the 15m RSI sits at 45.44, confirming bearish momentum without oversold exhaustion. If price accepts the entry zone, the first target is TP1 at 1647.98, with a deeper sweep toward TP2 at 1623.72 if momentum continues. The line in the sand is the invalidation level at 1721.81, because a break above that destroys the entire short thesis and proves the range has shifted.

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

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SNDKSNDK-4.01%


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PrinceMagsi786
7 minutes ago
Interesting 👀
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PrinceMagsi786
7 minutes ago
First Review
LFG 🔥
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