$SNDK bears are showing zero mercy right now.
The 4H structure is pure capitulation, printing relentless lower highs since the 1,822 peak. Price is currently probing the 1,574 floor with absolutely no demand stepping in, meaning blind knife-catching here is financial suicide. I am waiting for a definitive liquidity sweep below this local low to trap late sellers before hunting a relief bounce.
Entry: 1,565 - 1,575 (Wait for 15m reclaim)
TP1: 1,655
TP2: 1,720
Stop Loss: 1,535
I won't chase this bleed blindly; if 1,535 fails on high volume, the setup is invalid and I remain flat.
Are you shorting this trend or waiting for a structural reclaim? Follow for elite setups.
The 4H structure is pure capitulation, printing relentless lower highs since the 1,822 peak. Price is currently probing the 1,574 floor with absolutely no demand stepping in, meaning blind knife-catching here is financial suicide. I am waiting for a definitive liquidity sweep below this local low to trap late sellers before hunting a relief bounce.
Entry: 1,565 - 1,575 (Wait for 15m reclaim)
TP1: 1,655
TP2: 1,720
Stop Loss: 1,535
I won't chase this bleed blindly; if 1,535 fails on high volume, the setup is invalid and I remain flat.
Are you shorting this trend or waiting for a structural reclaim? Follow for elite setups.
