🚨 $SNDK SLIDING UNDER HEAVY RESISTANCE AS BEARS CONTROL THE SPREAD! 📉
Entry: 1294.70097 – 1296.11903 ⚡
Target: 1279.38254 / 1268.69756 / 1252.67009 🎯
Stop Loss: 1316.77995 🛑
📌 $SNDK is locked in an aggressive downward cascade, trading firmly below stacked 50 and 200 EMAs across both the 1-hour and 4-hour timeframes. Sellers maintain full command of order flow with 15-minute ADX registering 22.4 to confirm persistent downward velocity.
📊 With the 1-hour RSI sitting at 33.6 and price stretched -4.0 ATR away from the EMA50, any short-term relief is an opportunity to position before the next leg down. 💬 Are you shorting this retest or waiting for buyers to attempt a relief push first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SNDK #ShortSetup #Bearish #CryptoTrading
🎯 🐻
Entry: 1294.70097 – 1296.11903 ⚡
Target: 1279.38254 / 1268.69756 / 1252.67009 🎯
Stop Loss: 1316.77995 🛑
📌 $SNDK is locked in an aggressive downward cascade, trading firmly below stacked 50 and 200 EMAs across both the 1-hour and 4-hour timeframes. Sellers maintain full command of order flow with 15-minute ADX registering 22.4 to confirm persistent downward velocity.
📊 With the 1-hour RSI sitting at 33.6 and price stretched -4.0 ATR away from the EMA50, any short-term relief is an opportunity to position before the next leg down. 💬 Are you shorting this retest or waiting for buyers to attempt a relief push first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SNDK #ShortSetup #Bearish #CryptoTrading
🎯 🐻