$SNDK stabilizing after a sharp drop 👀
Rough session down 7% today, dropped straight from 1,800 to a low of 1,565.82. Last few candles show price basing around 1,600-1,610, first signs of sellers losing steam.
📊 Long Setup (bounce off the low, counter-trend)
Entry: 1,600 – 1,610
Stop Loss: 1,580 (below the recent low)
TP1: 1,620
TP2: 1,630
TP3: 1,640
⚠️ This is against the day's dominant downtrend only valid if 1,580 holds. Bigger picture is still strong though (18% 30D, 14% 90D), so this could be a dip-buy opportunity, not just a falling knife. Confirm with a reversal candle before entering, don't chase blind.
Click here to trade 👇⬇️ $SNDK
Rough session down 7% today, dropped straight from 1,800 to a low of 1,565.82. Last few candles show price basing around 1,600-1,610, first signs of sellers losing steam.
📊 Long Setup (bounce off the low, counter-trend)
Entry: 1,600 – 1,610
Stop Loss: 1,580 (below the recent low)
TP1: 1,620
TP2: 1,630
TP3: 1,640
⚠️ This is against the day's dominant downtrend only valid if 1,580 holds. Bigger picture is still strong though (18% 30D, 14% 90D), so this could be a dip-buy opportunity, not just a falling knife. Confirm with a reversal candle before entering, don't chase blind.
Click here to trade 👇⬇️ $SNDK