The BTC strategy shared earlier has now successfully locked in its profit potential. Don’t let the countertrend mislead you—the underlying currents are what matter. On the four-hour chart, the rebound in $SNDK has been accompanied by steadily declining volume. Price has yet to break through the resistance from the moving averages above, and structurally, this is still a recovery within a descending channel. The 1420–1465 range contains a concentration of previous bagholders and short-term profit-takers, so selling pressure is considerable.
The closer price gets to the upper boundary, the more pronounced the price-volume divergence becomes, suggesting that buyers lack the conviction to push prices higher. If 1390 below gives way, 1350 is the next liquidity vacuum. Place the stop-loss above 1475—the logic is clear: unless price holds above this level, the bearish momentum remains intact. The risk-reward ratio at this level is attractive, making it worth a try.
🔴 Trade direction: Short
📍 Entry range: 1419.9 – 1464.9
🛑 Stop-loss: 1474.9
🎯 Take-profit 1: 1389.9
🎯 Take-profit 2: 1350.0
Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#SNDK
Click below to trade 👇
The closer price gets to the upper boundary, the more pronounced the price-volume divergence becomes, suggesting that buyers lack the conviction to push prices higher. If 1390 below gives way, 1350 is the next liquidity vacuum. Place the stop-loss above 1475—the logic is clear: unless price holds above this level, the bearish momentum remains intact. The risk-reward ratio at this level is attractive, making it worth a try.
🔴 Trade direction: Short
📍 Entry range: 1419.9 – 1464.9
🛑 Stop-loss: 1474.9
🎯 Take-profit 1: 1389.9
🎯 Take-profit 2: 1350.0
Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#SNDK
Click below to trade 👇