SNDK looks overextended, but the trend is strongly down.
🔴 SHORT $SNDK /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 1590.47885 – 1591.20115
TP1: 1582.95682 (-0.5%)
TP2: 1577.70136 (-0.8%)
TP3: 1569.81817 (-1.3%)
SL: 1601.35091 (+0.7%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? SNDK checklist: 6/11 agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 27.6)
Watch: Far below its average, bounce likely (−3.5 ATR from 1h EMA50)
Watch: The idea is wrong if price reaches the stop at 1601.35091
Bottom line: Two timeframes show price below both EMAs with a bearish stack, meaning the down trend is intact; the main risk is that price is 3.5 ATR below its 1h EMA50, which means a bounce is likely.
Where do you set your invalidation for this trade?
Full setup on the chart below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
🔴 SHORT $SNDK /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 1590.47885 – 1591.20115
TP1: 1582.95682 (-0.5%)
TP2: 1577.70136 (-0.8%)
TP3: 1569.81817 (-1.3%)
SL: 1601.35091 (+0.7%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? SNDK checklist: 6/11 agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 27.6)
Watch: Far below its average, bounce likely (−3.5 ATR from 1h EMA50)
Watch: The idea is wrong if price reaches the stop at 1601.35091
Bottom line: Two timeframes show price below both EMAs with a bearish stack, meaning the down trend is intact; the main risk is that price is 3.5 ATR below its 1h EMA50, which means a bounce is likely.
Where do you set your invalidation for this trade?
Full setup on the chart below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.