SNDKB -8.8%, broke down
Checked before dinner: SNDKB at $1,088, down 8.8% over 24h, with $50 million in volume and a volume ratio of 1.6.
Support is at $1,069 (1.7% away), with the next level at $983.39. If it rebounds, watch resistance at $1,504 first. Only talk about a rebound if it holds on declining volume. If it breaks through on heavy volume, the next level is $983.39. Don’t try to catch the bottom halfway down.
Volatility tends to rise on days with unusual moves, so reduce leverage first. Just my personal view; this is not investment advice.
Do you think this move can continue? Share your reasons.
The above is my personal market observation and does not constitute trading advice. DYOR.
$SNDKB #SNDKB #BTC #MarketMoves
Checked before dinner: SNDKB at $1,088, down 8.8% over 24h, with $50 million in volume and a volume ratio of 1.6.
Support is at $1,069 (1.7% away), with the next level at $983.39. If it rebounds, watch resistance at $1,504 first. Only talk about a rebound if it holds on declining volume. If it breaks through on heavy volume, the next level is $983.39. Don’t try to catch the bottom halfway down.
Volatility tends to rise on days with unusual moves, so reduce leverage first. Just my personal view; this is not investment advice.
Do you think this move can continue? Share your reasons.
The above is my personal market observation and does not constitute trading advice. DYOR.
$SNDKB #SNDKB #BTC #MarketMoves