$SNDK Observing the current SNDK price at 1.365,59 with slight fluctuations, it suggests a consolidation phase rather than distribution. The percentage of accounts holding long positions is as high as 97%, reflecting smart money patiently holding instead of selling. However, the KDJ indicator on the hourly timeframe has entered the overbought zone, and the daily MACD, while positive, is still weak, suggesting that the upward momentum hasn't truly broken through. Combined with neutral macroeconomic news and the absence of significant net capital inflows recently, I believe smart money is quietly accumulating at this price level rather than beginning distribution.
🚀 Accumulating Base Waiting for Breakout
Approximately 71% of traders
If the price holds above 1360.00 and long positions remain above 95%, selling pressure will be completely absorbed, and smart money is compressing the spring, waiting for a breakout above 1403.00
Trade Setup: Long - SNDK 📈
Entry: $1.365,59
SL: $1.329,38
TP1: $1.403,09
TP2: $1.445,48
TP3: $1.509,95
✅ Click here to trade: 👇 #FedWatch
🚀 Accumulating Base Waiting for Breakout
Approximately 71% of traders
If the price holds above 1360.00 and long positions remain above 95%, selling pressure will be completely absorbed, and smart money is compressing the spring, waiting for a breakout above 1403.00
Trade Setup: Long - SNDK 📈
Entry: $1.365,59
SL: $1.329,38
TP1: $1.403,09
TP2: $1.445,48
TP3: $1.509,95
✅ Click here to trade: 👇 #FedWatch
