$SNDK : Sell now due to the confirmed bearish trend.
The asset maintains a clear bearish trend, with the price trading below the MA7 and the MA25 on the 1h timeframe, confirming bearish control. With the RSI(6) on the 15m timeframe at 41.68 and the price struggling to regain the 1.492 resistance level, the continuation lower is the most likely path.
Entry: 1,488.5 – 1,511.7
Stop Loss: 1,557.05
TP1: 1,434.60
TP2: 1,382.20
Click here to trade 👇
The asset maintains a clear bearish trend, with the price trading below the MA7 and the MA25 on the 1h timeframe, confirming bearish control. With the RSI(6) on the 15m timeframe at 41.68 and the price struggling to regain the 1.492 resistance level, the continuation lower is the most likely path.
Entry: 1,488.5 – 1,511.7
Stop Loss: 1,557.05
TP1: 1,434.60
TP2: 1,382.20
Click here to trade 👇