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Lay out the night and settle the score: first, three numbers
02:00 high 859.37, 05:00 low 808, current price 818.36
Range 51 points = 6%, 24h volume $63.78 million
Longs: a move above ma20 at 834.07 is needed for a recovery
Shorts: price is 15.7 points away; any rebound is yours
On the long side, 834 is overhead resistance, and 808 below is the lifeline
Back to the short side, unless 808 breaks, it’s just grinding
Both sides agree on one thing: volume in the last four hours was 94 100 109 96
3.6 to 4.2 times average volume, but price moved only 21 points
Heavy volume without a drop means someone is buying, and someone is changing hands
$SNDK I’m staying on the sidelines, not picking a direction
Only chase shorts if 802.9 breaks; stop-loss at 812
Don’t add unless it holds above 834
(Not investment advice; you are responsible for your own gains and losses)