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Price has bounced from $1.467 to around $1.69, putting in a solid recovery candle. The response from buyers is encouraging, but the daily trend still needs confirmation with Supertrend sitting at $1.901.
Levels I’m keeping on the radar:
Support: $1.60, then $1.467
Resistance: $1.777, followed by $1.90
Reclaiming $1.777 would give this bounce more strength, while a move above $1.90 could bring a much better shift in market structure.
The recovery deserves attention. Now it’s all about whether buyers can sustain the momentum instead of letting it fade.
$SNDK