The USELESS strategy set up earlier has successfully reached its profit zone this round. Strong odds are building, and the market structure at $SNDK is providing confirmation signals. On the four-hour timeframe, trading volume has continued to shrink after the rebound, while long upper wicks are appearing frequently, indicating genuine selling pressure overhead. Repeated tests of the key level have failed to hold decisively—a structure that often points to a downward move.
What I’m watching more closely is the series of progressively lower rebound highs, accompanied by a price-volume divergence. The bearish momentum remains intact. The rationale for shorting in the current range is to position for continuation after the rebound loses steam, rather than to chase the decline. If the price moves back above the key level, the structure will need to be reassessed.
🔴 Trade direction: Short
📍 Entry range: 1677.6 – 1719.6
🛑 Stop loss: 1734.6
🎯 Take profit 1: 1649.6
🎯 Take profit 2: 1619.6
There’s no need to chase the spotlight; it will find its way to you.
Stand alongside Sister Li, and let every moment leave an echo.
#SNDK
Click below to trade 👇
What I’m watching more closely is the series of progressively lower rebound highs, accompanied by a price-volume divergence. The bearish momentum remains intact. The rationale for shorting in the current range is to position for continuation after the rebound loses steam, rather than to chase the decline. If the price moves back above the key level, the structure will need to be reassessed.
🔴 Trade direction: Short
📍 Entry range: 1677.6 – 1719.6
🛑 Stop loss: 1734.6
🎯 Take profit 1: 1649.6
🎯 Take profit 2: 1619.6
There’s no need to chase the spotlight; it will find its way to you.
Stand alongside Sister Li, and let every moment leave an echo.
#SNDK
Click below to trade 👇