$SNDK After the early high rise to the 1566 peak, the pullback phase began. After the price probed down to 1467, buy support started to show up. In the short term, it stopped falling and stabilized, with signs of a rebound and repair.
This round of decline is a deep pullback and consolidation flush; the broader uptrend on the higher timeframe has not been fully broken. The low-level support zone has become apparent. After stabilization, the bulls are expected to see a rebound opportunity.
Trading recommendations:
Look for stabilization in the 1470–1478 range to go long at lows, defend at 1460, and target around 1520–1550.
This round of decline is a deep pullback and consolidation flush; the broader uptrend on the higher timeframe has not been fully broken. The low-level support zone has become apparent. After stabilization, the bulls are expected to see a rebound opportunity.
Trading recommendations:
Look for stabilization in the 1470–1478 range to go long at lows, defend at 1460, and target around 1520–1550.
