$SNDK FACING HEAVY RESISTANCE! ARE THE BEARS PREPARING TO CRASH IT TO $1,660?
Pair: $SNDK /USDT
Direction: SHORT
Entry Price: 1,732.72
Target Levels (Take Profit)
TP 1: 1,705.58 1.57%
TP 2: 1,687.49 2.61%
TP 3: 1,660.35 4.18%
Stop Loss
SL: 1,768.90
Technical Breakdown
Price Action: After a strong upward recovery, the price hit local resistance near $1,744 and has begun printing red candles, indicating profit-taking and selling pressure.
Moving Averages & Bollinger Bands: Price ($1,732.61) is trading right at MA 25 ($1,732.41) and below MA 7 ($1,740.06) and MA 99 ($1,739.30). Rejection from the upper Bollinger Band ($1,748.50) suggests a move toward the lower band ($1,718.41) and beyond.
Indicators: RSI (14) stands at a neutral 49.4 with downward curvature, while MACD is flattening out near 3.87 / 3.83, confirming slowing bullish momentum.
$SNDK
Pair: $SNDK /USDT
Direction: SHORT
Entry Price: 1,732.72
Target Levels (Take Profit)
TP 1: 1,705.58 1.57%
TP 2: 1,687.49 2.61%
TP 3: 1,660.35 4.18%
Stop Loss
SL: 1,768.90
Technical Breakdown
Price Action: After a strong upward recovery, the price hit local resistance near $1,744 and has begun printing red candles, indicating profit-taking and selling pressure.
Moving Averages & Bollinger Bands: Price ($1,732.61) is trading right at MA 25 ($1,732.41) and below MA 7 ($1,740.06) and MA 99 ($1,739.30). Rejection from the upper Bollinger Band ($1,748.50) suggests a move toward the lower band ($1,718.41) and beyond.
Indicators: RSI (14) stands at a neutral 49.4 with downward curvature, while MACD is flattening out near 3.87 / 3.83, confirming slowing bullish momentum.
$SNDK
