⚠️ SNDK SELLING PRESSURE RETURNS — LONG TRADERS TAKE ANOTHER HIT!

🔴 Ticker: $SNDK
💥 Long Liquidation Volume: $64,400
📍 Liquidation Price: $1,556.51

Another warning sign for bullish traders! $64.4K in long positions was liquidated at $1,556.51, highlighting the risk facing leveraged buyers. The focus now shifts to whether SNDK can regain this level or whether sellers will keep the pressure on.

📉 THE LEVELS THAT MATTER

▪️ Key Price Zone: $1,556.51
▪️ Bullish Recovery: Reclaiming $1,556.51 and holding above it with stronger buying volume could support a rebound.
▪️ Bearish Continuation: Repeated rejection near this level may indicate that sellers remain in control.
▪️ Momentum Confirmation: Look for a confirmed breakout or a fresh support failure before taking a position.

🎯 FORWARD OUTLOOK — BEARISH UNTIL PROVEN OTHERWISE

My short-term view remains defensive. If SNDK cannot recover the liquidation zone, further downside pressure remains a possibility. A decisive reclaim accompanied by strong volume would weaken this bearish outlook and put a recovery scenario back on the table.

🛡️ Professional Risk Note: A liquidation event is not a standalone trading signal. Confirm the current chart structure, establish a stop-loss, and keep position sizing under control.

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