The SPCX strategy shared earlier has now successfully moved into profitable territory. Opportunities and traps often emerge in sync. During this round of downward pressure, $SNDK , the market structure is more worth watching than Bitcoin. On the one-hour chart, price is below EMA50 and EMA200, the moving averages have formed a bearish alignment, and ADX has climbed to nearly 30. The seller-dominated setup remains intact.
The four-hour RSI is still below 45, indicating weak momentum. Price is well below the one-hour moving averages, so a rebound could emerge at any time. That’s why I’m not chasing the move and am only placing short orders within the rebound zone. Until the structure recovers, the downtrend remains the main scenario.
🔴 Trade direction: Short
📍 Entry range: 1670.35326 – 1675.42848
🛑 Stop loss: 1715.99140
🎯 Take profit 1: 1640.56547
🎯 Take profit 2: 1619.01521
🎯 Take profit 3: 1586.68981
There’s no need to chase the prevailing trend; it will come to you in time.
Stand alongside Sister Li, and let every moment resonate.
#SNDK
Click below to trade 👇
The four-hour RSI is still below 45, indicating weak momentum. Price is well below the one-hour moving averages, so a rebound could emerge at any time. That’s why I’m not chasing the move and am only placing short orders within the rebound zone. Until the structure recovers, the downtrend remains the main scenario.
🔴 Trade direction: Short
📍 Entry range: 1670.35326 – 1675.42848
🛑 Stop loss: 1715.99140
🎯 Take profit 1: 1640.56547
🎯 Take profit 2: 1619.01521
🎯 Take profit 3: 1586.68981
There’s no need to chase the prevailing trend; it will come to you in time.
Stand alongside Sister Li, and let every moment resonate.
#SNDK
Click below to trade 👇