$SNDK remains in a clear downtrend
• The current price is below EMA9 and EMA2, and both are sloping sharply downward, confirming strong bearish momentum
· The recent technical rebound is struggling below EMA21 and was rejected at the 1466 resistance level. EMA9 is starting to flatten, indicating short-term consolidation
· Shorting on rebounds (pullbacks to the EMA lines) is the primary strategy. Going long is extremely risky and is only suitable for scalping rebounds.
$SNDK Short Setup (Priority — With the Trend)
· Short entry: 1450–1465 (wait for a retest of resistance and the EMA9/EMA21 zone)
· Stop loss: Above 1485–1490
· Take profit:
· TP1: 1410 (recent low area)
· TP2: 1350 (next psychological support level if the low breaks)
Support me by trading here 👇#sndk #sandisk
• The current price is below EMA9 and EMA2, and both are sloping sharply downward, confirming strong bearish momentum
· The recent technical rebound is struggling below EMA21 and was rejected at the 1466 resistance level. EMA9 is starting to flatten, indicating short-term consolidation
· Shorting on rebounds (pullbacks to the EMA lines) is the primary strategy. Going long is extremely risky and is only suitable for scalping rebounds.
$SNDK Short Setup (Priority — With the Trend)
· Short entry: 1450–1465 (wait for a retest of resistance and the EMA9/EMA21 zone)
· Stop loss: Above 1485–1490
· Take profit:
· TP1: 1410 (recent low area)
· TP2: 1350 (next psychological support level if the low breaks)
Support me by trading here 👇#sndk #sandisk