🚨 $SNDK At A Critical Spot — Pump or Profit-Taking? CPI Is Out 🔥
Guys, yesterday SNDK closed around $1,270, but look where we are now. Before the US session even opened, SNDK repriced hard and pushed to a new pre-market high around $1,352. Now it has pulled back toward $1,347.
US market opens in around 10 minutes, so the opening reaction is going to be very important.
CPI is already out and the numbers were supportive: headline +0.1% MoM / +3.4% YoY, while core +0.2% MoM / +2.5% YoY. Energy fell 1.5% MoM, and core inflation cooled from 2.6% to 2.5% YoY. So there's no hot-CPI shock here, which is generally positive for tech and risk assets.
For SNDK, the 1H structure remains strongly bullish, while derivatives are relatively balanced with 0% funding. But our BStocks data showed around 11K SNDKB net selling over 24h, so I don't want to ignore profit-taking after such a huge repricing.
Market expectations are still leaning toward strength at the open, but after a gap of more than 5%, traders will also be watching for early profit-taking and whether the opening price can actually hold.
🎯 MY PLAN
🟢 LONG: $1,315–$1,325 after 15m/30m reclaim
TP1 $1,345 → TP2 $1,375 → TP3 $1,420+
SL $1,295
If SNDK breaks $1,352, holds above it and successfully retests → breakout long is also valid.
🔴 SHORT (low chance): Only if the opening pump gets rejected and $1,300 breaks with confirmation.
🧠 MY TAKE
I personally expect initial pump after the US open → profit-taking around ~1 hour after the open → consolidation → possible slower second pump if buyers defend the pullback.
Tomorrow's SNDK Investor Day is another major catalyst, so I don't expect today's volatility to be normal.
The main thing is don't chase the first move. If the opening pump holds, follow it. If it gets rejected, wait for the pullback and trade the confirmation. $BTC $APR
Guys, yesterday SNDK closed around $1,270, but look where we are now. Before the US session even opened, SNDK repriced hard and pushed to a new pre-market high around $1,352. Now it has pulled back toward $1,347.
US market opens in around 10 minutes, so the opening reaction is going to be very important.
CPI is already out and the numbers were supportive: headline +0.1% MoM / +3.4% YoY, while core +0.2% MoM / +2.5% YoY. Energy fell 1.5% MoM, and core inflation cooled from 2.6% to 2.5% YoY. So there's no hot-CPI shock here, which is generally positive for tech and risk assets.
For SNDK, the 1H structure remains strongly bullish, while derivatives are relatively balanced with 0% funding. But our BStocks data showed around 11K SNDKB net selling over 24h, so I don't want to ignore profit-taking after such a huge repricing.
Market expectations are still leaning toward strength at the open, but after a gap of more than 5%, traders will also be watching for early profit-taking and whether the opening price can actually hold.
🎯 MY PLAN
🟢 LONG: $1,315–$1,325 after 15m/30m reclaim
TP1 $1,345 → TP2 $1,375 → TP3 $1,420+
SL $1,295
If SNDK breaks $1,352, holds above it and successfully retests → breakout long is also valid.
🔴 SHORT (low chance): Only if the opening pump gets rejected and $1,300 breaks with confirmation.
🧠 MY TAKE
I personally expect initial pump after the US open → profit-taking around ~1 hour after the open → consolidation → possible slower second pump if buyers defend the pullback.
Tomorrow's SNDK Investor Day is another major catalyst, so I don't expect today's volatility to be normal.
The main thing is don't chase the first move. If the opening pump holds, follow it. If it gets rejected, wait for the pullback and trade the confirmation. $BTC $APR