🚨 SNDK BEARS GAIN ATTENTION — $204K IN LONGS WIPED OUT!

🔴 Asset: $SNDK
💥 Long Liquidations: $204,000
📍 Liquidation Price: $1,560.83

A sharp warning for bullish traders! A total of $204K in leveraged long positions was liquidated around $1,560.83, highlighting the pressure buyers faced at this level. The key question now is whether sellers can extend the downside move or buyers will step in to reclaim lost ground.

📉 TECHNICAL LEVELS TO WATCH

▪️ Reference Level: $1,560.83
▪️ Recovery Setup: A strong reclaim of this level, supported by buying volume, could signal a potential rebound.
▪️ Bearish Setup: Continued trading below the liquidation price may leave the asset vulnerable to further selling.
▪️ Momentum Check: Watch for a lower high or a confirmed support recovery before choosing a direction.

🎯 NEXT MOVE — SIGNAL PROVIDER VIEW

My near-term stance is defensive until SNDK proves buyers are back in control. Failure to reclaim $1,560.83 would keep downside risk in focus, while a sustained recovery above this area could invalidate the bearish outlook and open the door to a relief bounce.

🛡️ Trade with Discipline: Liquidation activity alone does not confirm a trend. Verify the setup with current price action, manage position size, and define your risk before entry.

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