Is the market lulling us to sleep, or is this the prelude to a massive pullback of $SNDKB đ, huh bro? Just look at how the 24h chart is moving—like someone’s pulse line on an ill patient. That’s really only for the most patient people, or for those hunters who spot a nice price zone.
I’ve been closely analyzing the technical chart for a while now, and I can see this asset is in an extreme compression state. From my hands-on perspective, bro, take a look at these indicators:
🔹 15-minute timeframe: Price is hovering around $1487, staying close to the MA(20) at $1488. This suggests the buyers and sellers are fighting fiercely to seize control of the short-term resistance zone.
🔹 1-hour timeframe: EMA(9) is sitting at $1487.23, almost perfectly matching the current price. This confirms that the $1487 level is a very important psychological “launch pad.” If this level breaks, there’s a high chance of a slight DUMP first to sweep liquidity before bouncing back.
Based on that data, I’ve already prepared a scenario for this asset. Let me reiterate: I’m only sharing my personal plan for reference on how to place trades.
🎯 My setup:
- Position: LONG.
- Entry: Wait to pick up around $1485 - $1486 (after a sweep of the 1H EMA(9)).
- Take profit (TP): Expect a rebound toward $1495 - $1500.
- Stop loss (SL): Absolutely place it below $1482 (if this level is lost, the BULL scenario is completely invalidated).
To be honest, I don’t like chasing when it’s green and running. Staying calm and setting orders around a strong support zone is the safest way to protect your account in a market full of sharks.
What do you think about this rebound? Does $SNDKB have enough power to break the $1500 mark tonight, or will it keep going sideways until it makes you bored?
#Crypto #Trading #Binance
Note: This is my personal viewpoint, not investment advice. Trading always involves risk (DYOR).
I’ve been closely analyzing the technical chart for a while now, and I can see this asset is in an extreme compression state. From my hands-on perspective, bro, take a look at these indicators:
🔹 15-minute timeframe: Price is hovering around $1487, staying close to the MA(20) at $1488. This suggests the buyers and sellers are fighting fiercely to seize control of the short-term resistance zone.
🔹 1-hour timeframe: EMA(9) is sitting at $1487.23, almost perfectly matching the current price. This confirms that the $1487 level is a very important psychological “launch pad.” If this level breaks, there’s a high chance of a slight DUMP first to sweep liquidity before bouncing back.
Based on that data, I’ve already prepared a scenario for this asset. Let me reiterate: I’m only sharing my personal plan for reference on how to place trades.
🎯 My setup:
- Position: LONG.
- Entry: Wait to pick up around $1485 - $1486 (after a sweep of the 1H EMA(9)).
- Take profit (TP): Expect a rebound toward $1495 - $1500.
- Stop loss (SL): Absolutely place it below $1482 (if this level is lost, the BULL scenario is completely invalidated).
To be honest, I don’t like chasing when it’s green and running. Staying calm and setting orders around a strong support zone is the safest way to protect your account in a market full of sharks.
What do you think about this rebound? Does $SNDKB have enough power to break the $1500 mark tonight, or will it keep going sideways until it makes you bored?
#Crypto #Trading #Binance
Note: This is my personal viewpoint, not investment advice. Trading always involves risk (DYOR).