Sandisk short-term bounce, but resistance is close 👀
$SNDK dropped 9.35% yesterday, and today we're seeing a short-term bounce of around 3.4% from the Daily MA25.
Now the key question is whether this bounce can reclaim the overhead resistance levels.
🔹 $1,571 — Daily MA7
🔹 $1,632 — next resistance
🔹 Daily MA99 — major resistance zone
If price gets rejected around these levels, the bounce could remain corrective.
⚠️ The important level is the Daily MA25.
If #SNDK loses and starts accepting below this support, I’d watch $1,350 → $1,200
This is a key decision zone.
$SNDK dropped 9.35% yesterday, and today we're seeing a short-term bounce of around 3.4% from the Daily MA25.
Now the key question is whether this bounce can reclaim the overhead resistance levels.
🔹 $1,571 — Daily MA7
🔹 $1,632 — next resistance
🔹 Daily MA99 — major resistance zone
If price gets rejected around these levels, the bounce could remain corrective.
⚠️ The important level is the Daily MA25.
If #SNDK loses and starts accepting below this support, I’d watch $1,350 → $1,200
This is a key decision zone.
