$SNDK SNDK This dip is basically a送钱 opportunity! Don’t panic and cut your losses if you were caught at the highs last night. There are ways to get out with minimal damage.
First, don’t let those on-chain metrics scare you. Things like OI dropping and positions getting cut in half—clearly this is the main force violently shaking out weak hands, dumping the uncommitted “cabbage” off the train so they can accumulate at lower levels! Look at SanDisk’s fundamentals—are they solid? Quarterly revenue surged 51%, AI storage demand is booming, the future market is over 300 billion, and the company even spent 6 billion to repurchase shares. This isn’t a negative—this is a clear, public bullish signal!
Funding rate is negative? That’s because there are too many shorts. The longs are just lying back and collecting protection fees, which shows market sentiment is already extremely bearish. When things hit the extreme, they reverse! Price is currently 1534 and hugging the Bollinger mid-band at 1516—doesn’t that look like an excellent defensive level for longs? If it breaks, you accept the loss within a controllable range. But if it holds, the target is straight up to 1586 near the upper band, and maybe even the prior high of 1600+! The risk-reward ratio is ridiculously good!
Swing trading strategy:
Aggressive camp: Enter a long position right at the current price, and add at 1500.
Conservative camp: Wait for the market to concentrate longs near 1500.
(For specific entry levels, 👇come to my Binance chat room to get real-time edge👇)#sndk #美股超话
First, don’t let those on-chain metrics scare you. Things like OI dropping and positions getting cut in half—clearly this is the main force violently shaking out weak hands, dumping the uncommitted “cabbage” off the train so they can accumulate at lower levels! Look at SanDisk’s fundamentals—are they solid? Quarterly revenue surged 51%, AI storage demand is booming, the future market is over 300 billion, and the company even spent 6 billion to repurchase shares. This isn’t a negative—this is a clear, public bullish signal!
Funding rate is negative? That’s because there are too many shorts. The longs are just lying back and collecting protection fees, which shows market sentiment is already extremely bearish. When things hit the extreme, they reverse! Price is currently 1534 and hugging the Bollinger mid-band at 1516—doesn’t that look like an excellent defensive level for longs? If it breaks, you accept the loss within a controllable range. But if it holds, the target is straight up to 1586 near the upper band, and maybe even the prior high of 1600+! The risk-reward ratio is ridiculously good!
Swing trading strategy:
Aggressive camp: Enter a long position right at the current price, and add at 1500.
Conservative camp: Wait for the market to concentrate longs near 1500.
(For specific entry levels, 👇come to my Binance chat room to get real-time edge👇)#sndk #美股超话
