$SNDK saw a $50.4K short liquidation at $1,304.83, suggesting that short sellers faced pressure around this price. The event may support a bullish continuation scenario if price holds above the reclaimed level and establishes higher highs and higher lows. An ICT-style liquidity sweep followed by a bullish CHOCH or BOS would offer stronger confirmation than the liquidation print alone. Without a chart, resistance, volume expansion, and the nearest valid demand zone remain unverified.
📈 Trade Plan — Conditional LONG
Bias: LONG after confirmation
Entry: $1,300–$1,310
TP1: $1,330
TP2: $1,355
TP3: $1,385
SL: $1,280
Risk-to-Reward: Approximately 1:1 to 1:3
Trade Grade: B (provisional)
Trade Thesis: A short squeeze can fuel additional upside when fresh demand follows the liquidation. Look for price to hold the breakout zone, establish a higher low, and show convincing buying volume before entry. A failed breakout would invalidate the continuation thesis.
Risk Management: Verify the exact SNDK instrument and its trading specifications. These are illustrative levels, not chart-verified support or resistance.$SNDK
📈 Trade Plan — Conditional LONG
Bias: LONG after confirmation
Entry: $1,300–$1,310
TP1: $1,330
TP2: $1,355
TP3: $1,385
SL: $1,280
Risk-to-Reward: Approximately 1:1 to 1:3
Trade Grade: B (provisional)
Trade Thesis: A short squeeze can fuel additional upside when fresh demand follows the liquidation. Look for price to hold the breakout zone, establish a higher low, and show convincing buying volume before entry. A failed breakout would invalidate the continuation thesis.
Risk Management: Verify the exact SNDK instrument and its trading specifications. These are illustrative levels, not chart-verified support or resistance.$SNDK