Damn, $SNDK —this wave is blowing up so hard I’m eating it with my mouth full!!!
It was still grinding around 1350 in the beginning, and just now a single big bullish candle shot straight up to 1580
The resistance at the previous high around 1385 was instantly crushed—short sellers didn’t even have time to react
This isn’t a normal rebound; it looks more like funds are snatching up shares plus forcing a squeeze—after holding these emotions down for so long, they finally erupted all at once
Now that it’s rising fast, even though it’s fast, there’s already selling pressure near 1580. If it can’t push further in the short term, it may pull back to 1500—1520
As long as the pullback holds and you defend that level, there should still be a chance to challenge 1580—1600. If you already have a position, you can continue to hold steady
If you haven’t boarded the trade, don’t chase after the big bullish candle. In a truly big market move, there’s usually a more comfortable pullback opportunity left for you
It was still grinding around 1350 in the beginning, and just now a single big bullish candle shot straight up to 1580
The resistance at the previous high around 1385 was instantly crushed—short sellers didn’t even have time to react
This isn’t a normal rebound; it looks more like funds are snatching up shares plus forcing a squeeze—after holding these emotions down for so long, they finally erupted all at once
Now that it’s rising fast, even though it’s fast, there’s already selling pressure near 1580. If it can’t push further in the short term, it may pull back to 1500—1520
As long as the pullback holds and you defend that level, there should still be a chance to challenge 1580—1600. If you already have a position, you can continue to hold steady
If you haven’t boarded the trade, don’t chase after the big bullish candle. In a truly big market move, there’s usually a more comfortable pullback opportunity left for you