$SNDK REJECTION AT RESISTANCE — SELLERS STILL IN CONTROL? 📉
Entry: 1,270 – 1,278 ⚡
Target 1: 1,245 🎯
Target 2: 1,215 🎯
Target 3: 1,180 🎯
Stop Loss: 1,305 ⚠️
Price is hugging a daily downtrend that has rejected every rally attempt since the breakdown — the bounce into 1,270–1,278 looks like a liquidity grab above minor support, not a reversal. 📊 Sellers are defending the 1,300 overhead ceiling, and a failure there would confirm the relief phase has run its course.
The structure rewards the patient here: unless price reclaims the 1,300 zone, every push higher is simply adding fuel to the short thesis. ⚡ I'm watching for a strong 4H rejection candle to validate the setup — the risk-to-reward is clean from this pocket. 💬 Are you fading this bounce or waiting for a confirmation candle first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SNDK #ShortSetup #Bearish #Crypto
🐻 📉
Entry: 1,270 – 1,278 ⚡
Target 1: 1,245 🎯
Target 2: 1,215 🎯
Target 3: 1,180 🎯
Stop Loss: 1,305 ⚠️
Price is hugging a daily downtrend that has rejected every rally attempt since the breakdown — the bounce into 1,270–1,278 looks like a liquidity grab above minor support, not a reversal. 📊 Sellers are defending the 1,300 overhead ceiling, and a failure there would confirm the relief phase has run its course.
The structure rewards the patient here: unless price reclaims the 1,300 zone, every push higher is simply adding fuel to the short thesis. ⚡ I'm watching for a strong 4H rejection candle to validate the setup — the risk-to-reward is clean from this pocket. 💬 Are you fading this bounce or waiting for a confirmation candle first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SNDK #ShortSetup #Bearish #Crypto
🐻 📉