⚡ SNDK LIQUIDATION ALERT — $246K LONG WIPED OUT
🔴 #SNDK Liquidated Long: $246K at $1,668.01
That’s a serious flush of leveraged longs. SNDK is currently trading around the $1,700–$1,720 zone, after falling roughly 3% today, so the liquidation came right into an already volatile move.
📍 Key levels to watch
$1,700–$1,705: immediate downside area
$1,742: important nearby resistance/reclaim zone
$1,815: next major resistance
$1,900: larger upside hurdle
🎯 My market read:
The $246K long liquidation increases the chance of a short-term stabilization or relief bounce, but I would want to see SNDK reclaim and hold $1,742 before treating the move as a stronger bullish recovery. If $1,700 breaks decisively, another downside leg becomes possible.
⚠️ Catalyst: Micron’s earnings on September 30 could significantly affect the memory-chip sector and SNDK volatility.
Signal view: 🟡 Wait for confirmation — $1,742 reclaim = bullish momentum attempt | $1,700 breakdown = bearish pressure remains.
Educational market commentary, not a guaranteed trading signal.
🔴 #SNDK Liquidated Long: $246K at $1,668.01
That’s a serious flush of leveraged longs. SNDK is currently trading around the $1,700–$1,720 zone, after falling roughly 3% today, so the liquidation came right into an already volatile move.
📍 Key levels to watch
$1,700–$1,705: immediate downside area
$1,742: important nearby resistance/reclaim zone
$1,815: next major resistance
$1,900: larger upside hurdle
🎯 My market read:
The $246K long liquidation increases the chance of a short-term stabilization or relief bounce, but I would want to see SNDK reclaim and hold $1,742 before treating the move as a stronger bullish recovery. If $1,700 breaks decisively, another downside leg becomes possible.
⚠️ Catalyst: Micron’s earnings on September 30 could significantly affect the memory-chip sector and SNDK volatility.
Signal view: 🟡 Wait for confirmation — $1,742 reclaim = bullish momentum attempt | $1,700 breakdown = bearish pressure remains.
Educational market commentary, not a guaranteed trading signal.