$SNDK is sitting right around a key resistance zone, and this is where I would be watching the reaction very carefully.
The current setup shows SNDK/USDT around $1,672.93, with the proposed short entry zone between $1,670 and $1,690. Price is pushing into resistance, but the real confirmation should come from how sellers react in this area
The short idea is straightforward.
Entry: $1,670–$1,690
Stop Loss: $1,777
Targets: $1,650, $1,600, $1,550, $1,500 and finally $1,400.
I would not blindly short just because price has reached resistance. If SNDK breaks above the resistance zone with strong volume and holds there, the bearish setup can fail.
That is exactly why the $1,777 invalidation level matters.
On the other hand, if price gets rejected from the $1,670–$1,690 area and selling volume starts increasing, the lower targets become much more interesting.
For me, the key thing to watch is confirmation rather than prediction.
A strong rejection can give shorts an opportunity, while a clean breakout would be a warning to stay away from the short.
If you are trading this setup, manage your position size carefully. High-volatility coins can move much faster than expected, especially on perpetual contracts.
What do you think? Will $SNDK
K reject this resistance zone, or are the bulls preparing for another breakout?
DYOR and never risk more than you can afford to lose.
The current setup shows SNDK/USDT around $1,672.93, with the proposed short entry zone between $1,670 and $1,690. Price is pushing into resistance, but the real confirmation should come from how sellers react in this area
The short idea is straightforward.
Entry: $1,670–$1,690
Stop Loss: $1,777
Targets: $1,650, $1,600, $1,550, $1,500 and finally $1,400.
I would not blindly short just because price has reached resistance. If SNDK breaks above the resistance zone with strong volume and holds there, the bearish setup can fail.
That is exactly why the $1,777 invalidation level matters.
On the other hand, if price gets rejected from the $1,670–$1,690 area and selling volume starts increasing, the lower targets become much more interesting.
For me, the key thing to watch is confirmation rather than prediction.
A strong rejection can give shorts an opportunity, while a clean breakout would be a warning to stay away from the short.
If you are trading this setup, manage your position size carefully. High-volatility coins can move much faster than expected, especially on perpetual contracts.
What do you think? Will $SNDK
K reject this resistance zone, or are the bulls preparing for another breakout?
DYOR and never risk more than you can afford to lose.