🚨 $SNDK JUST LOST THE WEEKLY TRENDLINE THAT HOLD ITS ENTIRE PUMP… IS $975 NEXT?
SNDK has fallen from $2,373 to around $1,077 & the rising weekly trendline that supported its recovery has finally broken.
The crazy part? Strong earnings couldn't stop the selling pressure.
HERE'S WHAT I'M WAITING FOR:
🔴 Bears: If $975 support breaks, another leg down could follow the breakdown after RETEST
🟢 Bulls: Reclaiming the broken trendline & $1,346 would be the first sign of reversal & recovery
The next move could decide whether this is a temporary correction or something much uglier. But keep an eye on weeklay closing candle. It's not a successful breakdown until weekly candle closed below it & gave us a retest .
Would you buy this dip… or wait for confirmation? 👇
#SNDK $SNDKB
#Stocks #CoinQuest
SNDK has fallen from $2,373 to around $1,077 & the rising weekly trendline that supported its recovery has finally broken.
The crazy part? Strong earnings couldn't stop the selling pressure.
HERE'S WHAT I'M WAITING FOR:
🔴 Bears: If $975 support breaks, another leg down could follow the breakdown after RETEST
🟢 Bulls: Reclaiming the broken trendline & $1,346 would be the first sign of reversal & recovery
The next move could decide whether this is a temporary correction or something much uglier. But keep an eye on weeklay closing candle. It's not a successful breakdown until weekly candle closed below it & gave us a retest .
Would you buy this dip… or wait for confirmation? 👇
#SNDK $SNDKB
#Stocks #CoinQuest
