$SNDK — Rejection Beneath 1,799 High, 1,777 Supply Capping Price, Flush Soon 📉
Trade Plan: Short $SNDK
Entry: 1,770 - 1,780
SL: 1807.67
TP: 1,716.90 | 1,654.83 | 1,593.73
Why this Setup?
SNDK has pushed back into the 1,750 - 1,780 supply area after failing to reclaim the 1,799 high, with the 1,777 zone acting as the immediate rejection point. A loss of 1,716.90 could accelerate the move toward 1,654.83 and eventually the 1,593.73 support zone. As long as 1,807.67 holds, the bearish setup remains valid.
Trade $SNDK here 👇
Trade Plan: Short $SNDK
Entry: 1,770 - 1,780
SL: 1807.67
TP: 1,716.90 | 1,654.83 | 1,593.73
Why this Setup?
SNDK has pushed back into the 1,750 - 1,780 supply area after failing to reclaim the 1,799 high, with the 1,777 zone acting as the immediate rejection point. A loss of 1,716.90 could accelerate the move toward 1,654.83 and eventually the 1,593.73 support zone. As long as 1,807.67 holds, the bearish setup remains valid.
Trade $SNDK here 👇
