SNDK pushed lower on a stack of weak momentum
đŽ SHORT $SNDK /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 1615.25202 â 1618.56798
TP1: 1585.04813 (-2.0%)
TP2: 1563.80688 (-3.3%)
TP3: 1531.94500 (-5.3%)
SL: 1659.39250 (+2.6%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? Leaning call, 4/11 signals agree, 0 against, 7 undecided.
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą 4h RSI: 32.1, bearish momentum (below 45) â sellers have the momentum
âą 1h RSI: 36.8, bearish momentum (below 45) â sellers have the momentum
Bear path:
If the 1h price keeps sliding below the EMA50 the 4h bearish momentum could push it toward the first target
What kills it:
If the 1h price reclaims the entry level and holds above the 1659.39 stop, I would exit and wait for a better setup
Where would you set your first target on this SNDK short?
Levels mapped on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
đŽ SHORT $SNDK /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 1615.25202 â 1618.56798
TP1: 1585.04813 (-2.0%)
TP2: 1563.80688 (-3.3%)
TP3: 1531.94500 (-5.3%)
SL: 1659.39250 (+2.6%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? Leaning call, 4/11 signals agree, 0 against, 7 undecided.
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą 4h RSI: 32.1, bearish momentum (below 45) â sellers have the momentum
âą 1h RSI: 36.8, bearish momentum (below 45) â sellers have the momentum
Bear path:
If the 1h price keeps sliding below the EMA50 the 4h bearish momentum could push it toward the first target
What kills it:
If the 1h price reclaims the entry level and holds above the 1659.39 stop, I would exit and wait for a better setup
Where would you set your first target on this SNDK short?
Levels mapped on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.