$SNDK - waiting for a cleaner SHORT entry (x75)
Setup:
Entry: 1150.51–1151.29
TP1: 1145
TP2: 1139
TP3: 1134
SL: 1156.36
LONG vs SHORT: 0 vs 80, SHORT favored
🔴 Short (5/7): 4H trend down, 1H confirms, 30m below EMAs
🟢 Long (0/7): nothing yet
Why wait: price already ran, no chasing
Flip: a close above 1156.36 kills the short idea
- This is still a watch idea, not an active setup, because the entry zone sits about 0.1% above current price.
- On the 30-minute chart price is 8% below the 200 EMA, a normal distance for this trend, with the 34 and 89 EMAs stacked overhead.
Does the 8% gap below the 200 EMA read as normal trend distance to you, or still stretched?
⚠️ Personal market insight, not investment advice. DYOR.
Setup:
Entry: 1150.51–1151.29
TP1: 1145
TP2: 1139
TP3: 1134
SL: 1156.36
LONG vs SHORT: 0 vs 80, SHORT favored
🔴 Short (5/7): 4H trend down, 1H confirms, 30m below EMAs
🟢 Long (0/7): nothing yet
Why wait: price already ran, no chasing
Flip: a close above 1156.36 kills the short idea
- This is still a watch idea, not an active setup, because the entry zone sits about 0.1% above current price.
- On the 30-minute chart price is 8% below the 200 EMA, a normal distance for this trend, with the 34 and 89 EMAs stacked overhead.
Does the 8% gap below the 200 EMA read as normal trend distance to you, or still stretched?
⚠️ Personal market insight, not investment advice. DYOR.
