$SNDK is still trading under pressure after a sharp breakdown, and the current bounce looks more like a retest than a confirmed reversal.
$SNDK /USDT — SHORT
Trade Plan Section:
Entry: 1,495–1,505 on rejection
SL: 1,525
TP1 / TP2 / TP3: 1,475 / 1,450 / 1,425
Why this setup?
The 1H structure remains bearish, with lower highs and lower lows dominating the chart. Price is attempting to recover around 1,495, but failure to reclaim the 1,525–1,535 resistance zone could open another leg lower toward the recent support levels.
Closing Thought / Rule:
Protect the downside first; a trade is only good when the risk is controlled.
CTA:
Would you short this rejection, or wait for a confirmed break below 1,475?
$SNDK /USDT — SHORT
Trade Plan Section:
Entry: 1,495–1,505 on rejection
SL: 1,525
TP1 / TP2 / TP3: 1,475 / 1,450 / 1,425
Why this setup?
The 1H structure remains bearish, with lower highs and lower lows dominating the chart. Price is attempting to recover around 1,495, but failure to reclaim the 1,525–1,535 resistance zone could open another leg lower toward the recent support levels.
Closing Thought / Rule:
Protect the downside first; a trade is only good when the risk is controlled.
CTA:
Would you short this rejection, or wait for a confirmed break below 1,475?
