Traders Another Short Opportunity on $SNDK
Price is showing weakness after getting rejected from the 1,667 resistance area. We’re now seeing red candles pushing lower, so this could be a good setup for a short if the bearish momentum continues.
I’m watching the 1,650.65 support closely. A clean break below this level could open the way for further downside.
Trade Setup:
Entry: 1,655–1,660
TP1: 1,650.65
TP2: 1,647
TP3: 1,642
Stop Loss: 1,667
Wait for confirmation and manage your risk properly. Don’t overleverage.
#SECReviewsSix3xLeveragedCommodityETFs #USToPressNationsToPickUSOrChinaAICoalition #SP500TopsRecord7800
Price is showing weakness after getting rejected from the 1,667 resistance area. We’re now seeing red candles pushing lower, so this could be a good setup for a short if the bearish momentum continues.
I’m watching the 1,650.65 support closely. A clean break below this level could open the way for further downside.
Trade Setup:
Entry: 1,655–1,660
TP1: 1,650.65
TP2: 1,647
TP3: 1,642
Stop Loss: 1,667
Wait for confirmation and manage your risk properly. Don’t overleverage.
#SECReviewsSix3xLeveragedCommodityETFs #USToPressNationsToPickUSOrChinaAICoalition #SP500TopsRecord7800