$SNDK Today it dropped 4.9%, but on the 4-hour chart, compared with $BTC , a bullish divergence appeared—so is this a signal before a rebound, or just pure noise?
My own bias is still bearish on $SNDK , which is consistent with the 1-hour structure: the highs keep getting lower, and the lows are also getting lower.
That said, I’ll watch this level more closely—after that divergence, there may first be a short-term corrective rebound.
My own bias is still bearish on $SNDK , which is consistent with the 1-hour structure: the highs keep getting lower, and the lows are also getting lower.
That said, I’ll watch this level more closely—after that divergence, there may first be a short-term corrective rebound.