$SNDK Should the sky be changing? Don’t get spooked by the news— the key cards of the main force are all right here!

If you don’t want to be cut like wheat, come take a look!

U.S. stocks and semiconductors have fallen like dogs, but SNDK hasn’t broken down—it’s right on the key support at 1718. The RSI indicator has also dropped into the oversold zone, so there’s a need for a short-term rebound.

Focus on the liquidation chart: the current price is 1716. Below there’s a bunch of long leverage, and above there are also plenty of shorts. What the main force loves to do is:借着美股大跌的坏消息, first stab downward hard with the bad news from the U.S. market, blow up the long positions around 1710, then turn around and rally to blow up the short positions—profit from both sides.

Trading suggestion: Aggressive traders can open a short position now; for more steady traders, open a short around 1725.

Want to know the next trade in the storage sector? Come chat with me in my group. #美联储拟定支付稳定币规则