Quick take on SNDKB: good move, but risk comes first.
1,015.48 · -7.91% 24h · Vol 62M USDT.
SNDKB was flagged by the scanner because of unusual volume and price movement—not as a call to buy.
I don’t want to read one candlestick as the whole story. I’m not jumping to conclusions; for now, I’m just watching volume, price levels, and the reaction after the move. Down 7.91%—this isn’t the time to rush. I’d want to see selling pressure clearly ease around 1,010.27 before considering an entry.
If you’re watching it, I’d wait for a reaction around 1,010.27 or a cleaner reclaim of 1,147.49.
Bullish or waiting?
#SNDKB #RiskManagement #Trading
1,015.48 · -7.91% 24h · Vol 62M USDT.
SNDKB was flagged by the scanner because of unusual volume and price movement—not as a call to buy.
I don’t want to read one candlestick as the whole story. I’m not jumping to conclusions; for now, I’m just watching volume, price levels, and the reaction after the move. Down 7.91%—this isn’t the time to rush. I’d want to see selling pressure clearly ease around 1,010.27 before considering an entry.
If you’re watching it, I’d wait for a reaction around 1,010.27 or a cleaner reclaim of 1,147.49.
Bullish or waiting?
#SNDKB #RiskManagement #Trading