The final trading window waits for no one, and the chart structure for $SNDK has already made things clear. On the four-hour timeframe, rebound volume continues to shrink, while the moving-average band overhead is exerting clear pressure. Every rally is quickly pushed back down—this is not what strength looks like. Price has tested the key level repeatedly but still hasn’t managed to hold above it, which shows that buying support is fading.
Given this structure, I’m more inclined to follow the broader trend. A rebound into this range is an opportunity to position for a short, not a reason to chase longs. Once the downside opens up, the move could be swift.
🔴 Trade direction: Short
📍 Entry range: 1565.0 – 1598.0
🛑 Stop loss: 1620.0
🎯 Take profit 1: 1530.0
🎯 Take profit 2: 1500.0
Gaze upon the vastness of mountains and seas; observe the market’s subtle shifts.
Trade alongside Uncle Xiong and witness the rises and falls of the world.
#SNDK
Click below to trade 👇
Given this structure, I’m more inclined to follow the broader trend. A rebound into this range is an opportunity to position for a short, not a reason to chase longs. Once the downside opens up, the move could be swift.
🔴 Trade direction: Short
📍 Entry range: 1565.0 – 1598.0
🛑 Stop loss: 1620.0
🎯 Take profit 1: 1530.0
🎯 Take profit 2: 1500.0
Gaze upon the vastness of mountains and seas; observe the market’s subtle shifts.
Trade alongside Uncle Xiong and witness the rises and falls of the world.
#SNDK
Click below to trade 👇