$SNDK : Is another major drop approaching? Second SHORT round
SNDK is back on my radar for a potential bearish opportunity.
After the previous move, I'm watching the $1,170–$1,210 zone, where selling pressure could emerge again.
SNDK — SHORT Setup
- Direction: SHORT
- Entry zone: $1,180–$1,210
- Profit target: $1,160
- Stop Loss: $1250
What's my strategy?
I'm waiting for a clear rejection within the entry zone before considering a position.
If sellers regain control, we could see another major drop. However, a sustained breakout above resistance would weaken this bearish scenario.
The key is not to enter impulsively, but to wait for confirmation and manage risk.
Do you think $SNDK is preparing for another drop, or will buyers manage to break through resistance?
Share your thoughts in the comments.
$SNDK
SNDK is back on my radar for a potential bearish opportunity.
After the previous move, I'm watching the $1,170–$1,210 zone, where selling pressure could emerge again.
SNDK — SHORT Setup
- Direction: SHORT
- Entry zone: $1,180–$1,210
- Profit target: $1,160
- Stop Loss: $1250
What's my strategy?
I'm waiting for a clear rejection within the entry zone before considering a position.
If sellers regain control, we could see another major drop. However, a sustained breakout above resistance would weaken this bearish scenario.
The key is not to enter impulsively, but to wait for confirmation and manage risk.
Do you think $SNDK is preparing for another drop, or will buyers manage to break through resistance?
Share your thoughts in the comments.
$SNDK
