Wait for a clear confirmation before entering. $SNDK is now a confirmed bearish setup below the moving averages, with both the daily and hourly charts pointing downward. This rebound looks relatively weak, and the price has moved a bit far from the moving averages. Chasing it now could backfire, so it may be safer to wait for a bounce into the resistance zone above and for volume to taper off before considering an entry.
Sellers are still in control overall. The rebound is simply giving bears room to position themselves. Until key levels are reclaimed, we’ll continue to follow the trend.
🔴 Trade direction: Short
📍 Entry range: 833.79226 – 835.03915
🛑 Stop loss: 867.56572
🎯 Take profit 1: 809.55320
🎯 Take profit 2: 792.97818
🎯 Take profit 3: 768.11568
There’s no need to chase the latest trend; the right opportunity will come along.
Stand alongside Sister Li, and make every moment count.
#SNDK
Click below to trade 👇
Sellers are still in control overall. The rebound is simply giving bears room to position themselves. Until key levels are reclaimed, we’ll continue to follow the trend.
🔴 Trade direction: Short
📍 Entry range: 833.79226 – 835.03915
🛑 Stop loss: 867.56572
🎯 Take profit 1: 809.55320
🎯 Take profit 2: 792.97818
🎯 Take profit 3: 768.11568
There’s no need to chase the latest trend; the right opportunity will come along.
Stand alongside Sister Li, and make every moment count.
#SNDK
Click below to trade 👇