$SNDK now around 1878, the price has risen by about 6.5% in the past 24 hours. Today it was pulled up steadily from the low around 1737, and after topping at 1908 it pulled back a bit. The current price is still consolidating at a high level.
This move has gone from just above 1700 straight to above 1900—the pace is quite fast. The area around 1900–1908 is today’s high. After the spike, there hasn’t been continued volume for a breakout, so the short-term feels a bit pressured. If the price can hold above 1830–1850, the structure is still relatively strong.
At this point, the risk of chasing longs has increased; the middle area may whipsaw and shake people out. Entry can wait for a pullback to key support and then reclaim it, and watch whether buyers can keep pushing. If it directly breaks below around 1800, short-term momentum will weaken and the sell signal will be more obvious.
This move has gone from just above 1700 straight to above 1900—the pace is quite fast. The area around 1900–1908 is today’s high. After the spike, there hasn’t been continued volume for a breakout, so the short-term feels a bit pressured. If the price can hold above 1830–1850, the structure is still relatively strong.
At this point, the risk of chasing longs has increased; the middle area may whipsaw and shake people out. Entry can wait for a pullback to key support and then reclaim it, and watch whether buyers can keep pushing. If it directly breaks below around 1800, short-term momentum will weaken and the sell signal will be more obvious.