$SNDK
🟢 Bias: Bullish,
Entry: 1533.13
Tp1: 1582.53
Tp2: 1625.10
SL: 1488.36
Structure:
After the heavy selloff, price formed a base and started making higher lows. The current move looks like a recovery/reversal attempt.
Key levels:
• 1.500–1.515 → important support
• 1.535–1.550 → breakout zone
• 1.575 → first resistance
• 1.600 → next resistance
• 1.625 → TP / major supply
Open Interest: Rising significantly → leverage is entering the market. If price continues ↑ while OI ↑, bullish continuation is stronger. If price falls while OI ↑, short buildup becomes more likely.
CVD: Need confirmation. Best scenario = Price ↑ + CVD ↑.
If Price ↑ + CVD ↓, be careful of a bull trap.
🟢 Bullish: 15m close above 1.550 + strong volume/CVD → 1.575 → 1.600 → 1.625.
🔴 Bearish: 15m breakdown below 1.488 → setup invalid → possible 1.450–1.420.
Overall: 🟢 6.5/10 bullish.
I would prefer confirmation above 1.550 before becoming aggressive.
$SNDK #sndk
🟢 Bias: Bullish,
Entry: 1533.13
Tp1: 1582.53
Tp2: 1625.10
SL: 1488.36
Structure:
After the heavy selloff, price formed a base and started making higher lows. The current move looks like a recovery/reversal attempt.
Key levels:
• 1.500–1.515 → important support
• 1.535–1.550 → breakout zone
• 1.575 → first resistance
• 1.600 → next resistance
• 1.625 → TP / major supply
Open Interest: Rising significantly → leverage is entering the market. If price continues ↑ while OI ↑, bullish continuation is stronger. If price falls while OI ↑, short buildup becomes more likely.
CVD: Need confirmation. Best scenario = Price ↑ + CVD ↑.
If Price ↑ + CVD ↓, be careful of a bull trap.
🟢 Bullish: 15m close above 1.550 + strong volume/CVD → 1.575 → 1.600 → 1.625.
🔴 Bearish: 15m breakdown below 1.488 → setup invalid → possible 1.450–1.420.
Overall: 🟢 6.5/10 bullish.
I would prefer confirmation above 1.550 before becoming aggressive.
$SNDK #sndk
