🚨
$SNDK SHOWS BEARISH STRUCTURE BREAKDOWN WHILE RETESTING OVERHEAD SUPPLY 📉
Entry: 1719.09 - 1719.75 ⚡
Target: 1702.49 🎯
Stop Loss: 1741.99 ⚠️
Institutional market structure on
$SNDK signals clear overhead supply, with the 1H price holding below both the EMA50 and EMA200 in a clean bearish stack. 📊 Momentum across timeframes remains suppressed, as the 4H RSI prints under 45.
However, lower timeframe order flow shows a brief buyer push on the 15M chart as price retests our targeted short entry zone. 🔍 Smart money is monitoring whether this micro-rally is simply absorbing residual liquidity before the primary trend resumes downward toward key structural demand. 💡
🤔 Do you expect buyers to lose traction at this supply zone, or are you waiting for a lower low confirmation before entering? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️
#SNDK #ShortSetup #Bearish #MarketStructure #Crypto 🎯 🐻