💥 Don’t let that $SNDK giant bullish candle fool you into chasing the breakout! This surge is all just a mirage—shorts getting washed out!
Brothers, just now after the price surged up, the shorts were subjected to a large-scale liquidation/clearing. Contract funds continued to flow out, and a lot of short positions were forced out during the rally. During the breakout phase, don’t get carried away and chase highs blindly. That bullish candle that shot up looks incredibly tempting, but the volume just never really kept up.
Place short orders directly in the 1510–1495 range. Wait for the pullback to confirm, and then the price will move downward. The first target is 1460.
【The above views are for personal reference only and do not constitute investment advice】
#闪迪暴跌
Brothers, just now after the price surged up, the shorts were subjected to a large-scale liquidation/clearing. Contract funds continued to flow out, and a lot of short positions were forced out during the rally. During the breakout phase, don’t get carried away and chase highs blindly. That bullish candle that shot up looks incredibly tempting, but the volume just never really kept up.
Place short orders directly in the 1510–1495 range. Wait for the pullback to confirm, and then the price will move downward. The first target is 1460.
【The above views are for personal reference only and do not constitute investment advice】
#闪迪暴跌
