$SNDK /USDT — Short Setup 👀📉
While everyone is focused on the 1H chart, the 4H is showing a potential downside setup that’s worth watching.
🔴 SHORT · 85% Confidence
Trade Plan:
Entry: 1483.66 – 1489.96
SL: 1546.61
TP1: 1441.96
TP2: 1412.06
TP3: 1367.21
Why this setup looks interesting:
* $SNDK is around 1486.81, while 15M RSI is at 32.29, showing that momentum has weakened.
* The 4H structure is leaning bearish, giving the trade room to potentially move toward the lower targets.
* The key level to watch is 1483.65. A clean break below could confirm the short setup.
* Price is also reacting near the top of its range, while ATR around 24.92 suggests volatility could pick up.
* Risk is clearly defined at 1546.61. If price breaks above that level, the setup is invalid.
What do you think?
Is this 4H weakness the start of a bigger drop, or could $SNDK squeeze higher and fake out the shorts?
👇 Click here to trade
While everyone is focused on the 1H chart, the 4H is showing a potential downside setup that’s worth watching.
🔴 SHORT · 85% Confidence
Trade Plan:
Entry: 1483.66 – 1489.96
SL: 1546.61
TP1: 1441.96
TP2: 1412.06
TP3: 1367.21
Why this setup looks interesting:
* $SNDK is around 1486.81, while 15M RSI is at 32.29, showing that momentum has weakened.
* The 4H structure is leaning bearish, giving the trade room to potentially move toward the lower targets.
* The key level to watch is 1483.65. A clean break below could confirm the short setup.
* Price is also reacting near the top of its range, while ATR around 24.92 suggests volatility could pick up.
* Risk is clearly defined at 1546.61. If price breaks above that level, the setup is invalid.
What do you think?
Is this 4H weakness the start of a bigger drop, or could $SNDK squeeze higher and fake out the shorts?
👇 Click here to trade
