$SNDK - SHORT trade idea (x30)
$SNDK is quiet at 0.8% candle swings, so does it drift down to 1167.49 or just chop?
Calm candles like this mean nobody is pushing hard, and the entry zone still sits 0.2% above price. My worry is a stop 1.1% out if price never gets that far and reverses first.
Setup:
Entry: 1167.49–1169.28
TP1: 1155
TP2: 1141
TP3: 1130
SL: 1180.95
The last one already reached a target. This entry is worse than that one, so I am taking less size.
⚠️ Personal market insight, not investment advice. DYOR.
$SNDK is quiet at 0.8% candle swings, so does it drift down to 1167.49 or just chop?
Calm candles like this mean nobody is pushing hard, and the entry zone still sits 0.2% above price. My worry is a stop 1.1% out if price never gets that far and reverses first.
Setup:
Entry: 1167.49–1169.28
TP1: 1155
TP2: 1141
TP3: 1130
SL: 1180.95
The last one already reached a target. This entry is worse than that one, so I am taking less size.
⚠️ Personal market insight, not investment advice. DYOR.
