Current SNDK is trading around 1544. After a rebound from the low levels earlier on, it has now entered a high-range sideways consolidation pattern.
Judging from the chart structure, at the daily level the price stabilized around 1419 and then launched a wave of corrective rebound. Currently, price is consolidating around the middle Bollinger Band. The downward trend has clearly slowed, but the previous high area overhead still carries heavy trapped-longs supply pressure, and a trend-reversal has not yet formed. Overall, it remains in a bottom-repair phase.
On the 4-hour timeframe, the lows are gradually rising; the Bollinger Bands have narrowed and flattened, and the market is in range-bound oscillation. Long and short power are relatively balanced. Support below is acceptable in terms of holding up, but the bulls lack sustained volume expansion, and upward momentum has weakened.
On the 1-hour timeframe, the market shows high-level lateral consolidation. Price keeps tugging between the middle Bollinger Band, with no clear short-term one-way direction. The oscillation characteristics are quite pronounced. In terms of trading, when price pulls back to support, you may prioritize going long at lower levels. If the rebound reaches a key resistance zone and shows a failure-to-advance (stagnation) signal, you can also consider a small-position short to bet on a potential pullback.
Specific strategy:
· Buy in batches on pullbacks within the 1510-1490 range. Targets are 1570-1590. If there is a breakout with volume expansion, you can further look to 1650
$BTC $SNDK #英伟达市值重返5.4万亿美元 #PONS日内涨超21% #巨鲸清仓HYPE获利1.32亿美元
Judging from the chart structure, at the daily level the price stabilized around 1419 and then launched a wave of corrective rebound. Currently, price is consolidating around the middle Bollinger Band. The downward trend has clearly slowed, but the previous high area overhead still carries heavy trapped-longs supply pressure, and a trend-reversal has not yet formed. Overall, it remains in a bottom-repair phase.
On the 4-hour timeframe, the lows are gradually rising; the Bollinger Bands have narrowed and flattened, and the market is in range-bound oscillation. Long and short power are relatively balanced. Support below is acceptable in terms of holding up, but the bulls lack sustained volume expansion, and upward momentum has weakened.
On the 1-hour timeframe, the market shows high-level lateral consolidation. Price keeps tugging between the middle Bollinger Band, with no clear short-term one-way direction. The oscillation characteristics are quite pronounced. In terms of trading, when price pulls back to support, you may prioritize going long at lower levels. If the rebound reaches a key resistance zone and shows a failure-to-advance (stagnation) signal, you can also consider a small-position short to bet on a potential pullback.
Specific strategy:
· Buy in batches on pullbacks within the 1510-1490 range. Targets are 1570-1590. If there is a breakout with volume expansion, you can further look to 1650
$BTC $SNDK #英伟达市值重返5.4万亿美元 #PONS日内涨超21% #巨鲸清仓HYPE获利1.32亿美元