$SNDKB : Breaks Ascending Support Line: Bearish Momentum Surge
SHORT SETUP SNDKB
Entry: $1365.00 - $1368.00
Stop Loss: $1414.53
Take Profit: $1270.44 (2R)
Key Levels: Support $1338.41 | Resistance $1368.81
Technical Analysis for $SNDKB : Short bias is supported by price sitting below EMA9, EMA21, EMA50 and EMA200, a negative MACD histogram, RSI at 39 and Stochastic K at 28, all indicating down momentum. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure. The nearby resistance and support levels frame the current market structure.
Market Context: BTC remains bullish on 4h and daily frames, and the broader market shows a 65.9% green breadth, providing overall positive sentiment despite
SHORT $SNDKB
SHORT SETUP SNDKB
Entry: $1365.00 - $1368.00
Stop Loss: $1414.53
Take Profit: $1270.44 (2R)
Key Levels: Support $1338.41 | Resistance $1368.81
Technical Analysis for $SNDKB : Short bias is supported by price sitting below EMA9, EMA21, EMA50 and EMA200, a negative MACD histogram, RSI at 39 and Stochastic K at 28, all indicating down momentum. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure. The nearby resistance and support levels frame the current market structure.
Market Context: BTC remains bullish on 4h and daily frames, and the broader market shows a 65.9% green breadth, providing overall positive sentiment despite
SHORT $SNDKB