The WIF strategy we set up earlier has now completed its move, and we’ve successfully taken profit. This isn’t confirmation—the breakout is speaking for itself. $SNDK From the daily and four-hour charts down to the one-hour chart, price is below all the moving averages, and the bearish alignment remains intact. I’m watching how much support the price finds as it rebounds into the entry zone. Volume hasn’t picked up, which suggests buyers can’t hold it up.
The EMA50 and EMA200 are forming a resistance zone. With this structure, I favor following the trend and looking for shorts rather than trying to call a bottom. The closer the rebound gets to the upper boundary, the clearer the risk-to-reward ratio becomes.
🔴 Trade direction: Short
📍 Entry zone: 811.37826 – 814.95992
🛑 Stop loss: 842.60805
🎯 Take profit 1: 791.08986
🎯 Take profit 2: 776.37038
🎯 Take profit 3: 754.29115
Take in the vastness of mountains and seas; observe the market’s smallest details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#SNDK
Click below to trade 👇
The EMA50 and EMA200 are forming a resistance zone. With this structure, I favor following the trend and looking for shorts rather than trying to call a bottom. The closer the rebound gets to the upper boundary, the clearer the risk-to-reward ratio becomes.
🔴 Trade direction: Short
📍 Entry zone: 811.37826 – 814.95992
🛑 Stop loss: 842.60805
🎯 Take profit 1: 791.08986
🎯 Take profit 2: 776.37038
🎯 Take profit 3: 754.29115
Take in the vastness of mountains and seas; observe the market’s smallest details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#SNDK
Click below to trade 👇