Honestly, $SNDK is starting to look weak again. That recent bounce couldn't hold, and sellers are pushing price back down.
Currently trading around 864.42, down 6.22%. On the 4H chart, price is below all three moving averages — MA7 at 886.89, MA25 at 913.67 and MA99 at 1,011.50.
Not looking bullish right now.
My bias on $SNDK : SHORT 📉
Entry zone: 880 - 895
TPs: 850 / 820 / 791
Stop Loss: 916
Support: 850 / 791
Resistance: 879 / 914 / 948
I want to see a weak retest before entering. If 850 breaks with selling volume, that 791 area could come back into play.
But if buyers reclaim 914, I'll reconsider the short idea. No point fighting a reversal.
Are you bearish on $SNDK too, or do you think this dip is just another buying opportunity?
#SNDK #Sandisk #CryptoTrading #BinanceFutures
Currently trading around 864.42, down 6.22%. On the 4H chart, price is below all three moving averages — MA7 at 886.89, MA25 at 913.67 and MA99 at 1,011.50.
Not looking bullish right now.
My bias on $SNDK : SHORT 📉
Entry zone: 880 - 895
TPs: 850 / 820 / 791
Stop Loss: 916
Support: 850 / 791
Resistance: 879 / 914 / 948
I want to see a weak retest before entering. If 850 breaks with selling volume, that 791 area could come back into play.
But if buyers reclaim 914, I'll reconsider the short idea. No point fighting a reversal.
Are you bearish on $SNDK too, or do you think this dip is just another buying opportunity?
#SNDK #Sandisk #CryptoTrading #BinanceFutures
