$SNDKB : Panic Selling Risk Increases as $SNDKB Tests Critical Floor
SHORT SETUP SNDKB
Entry: $1342.00 - $1345.00
Stop Loss: $1400.00
Take Profit: $1230.50 (2R)
Key Levels: Support $1331.35 | Resistance $1368.81
Technical Analysis for $SNDKB : Indicators point to a short bias. Price sits beneath EMA9, EMA21, EMA50 and EMA200, confirming a downtrend. MACD is negative and under its signal line, while ADX at 30 signals a strong trend. RSI at 36 and Stochastic K around 12 suggest lingering weakness. Resistance sits near 1369, support near 1331.
Market Context: Overall market remains broadly negative, with 74% of assets in red. BTC shows mixed 4hour movement but a bullish daily trend; however
SHORT $SNDKB
SHORT SETUP SNDKB
Entry: $1342.00 - $1345.00
Stop Loss: $1400.00
Take Profit: $1230.50 (2R)
Key Levels: Support $1331.35 | Resistance $1368.81
Technical Analysis for $SNDKB : Indicators point to a short bias. Price sits beneath EMA9, EMA21, EMA50 and EMA200, confirming a downtrend. MACD is negative and under its signal line, while ADX at 30 signals a strong trend. RSI at 36 and Stochastic K around 12 suggest lingering weakness. Resistance sits near 1369, support near 1331.
Market Context: Overall market remains broadly negative, with 74% of assets in red. BTC shows mixed 4hour movement but a bullish daily trend; however
SHORT $SNDKB