$SNDKB : Resistance Test Fails: Bearish Momentum Building Fast
SHORT SETUP SNDKB
Entry: $1292.00 - $1294.00
Stop Loss: $1344.72
Take Profit: $1189.56 (2R)
Key Levels: Support $1288.00 | Resistance $1294.59
Technical Analysis for $SNDKB : Short bias dominates as price sits below the 50EMA (1309) and 200EMA (1359), while shortterm EMAs sit just under price. Stochastic is high (~69) and RSI near neutral, suggesting overbought conditions. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC 24h down 0.48%, overall market 57% red, 43% green, breadth mixed.
SHORT $SNDKB
SHORT SETUP SNDKB
Entry: $1292.00 - $1294.00
Stop Loss: $1344.72
Take Profit: $1189.56 (2R)
Key Levels: Support $1288.00 | Resistance $1294.59
Technical Analysis for $SNDKB : Short bias dominates as price sits below the 50EMA (1309) and 200EMA (1359), while shortterm EMAs sit just under price. Stochastic is high (~69) and RSI near neutral, suggesting overbought conditions. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC 24h down 0.48%, overall market 57% red, 43% green, breadth mixed.
SHORT $SNDKB
