๐ด SNDK โ BEARISH SHORT SETUP
SNDK is showing bearish structure across the Daily, 4H, and 1H timeframes. Sellers are controlling the overall trend, but buyers still have some short-term momentum.
I'm watching for a SHORT futures entry near the resistance zone.
SHORT $SNDK /USDT
๐ Entry: 1119.54 โ 1126.02
๐ฏ TP1: 1071.20 (-4.6%)
๐ฏ TP2: 1036.82 (-7.7%)
๐ฏ TP3: 985.24 (-12.2%)
๐ Stop Loss: 1191.55 (+6.1%)
Why I'm Bearish:
- Daily trend below EMA50 and EMA200.
- 4H trend remains bearish.
- 1H trend remains bearish.
- 4 out of 12 signals support the short bias.
โ ๏ธ Risk Factors:
1H RSI is around 59, showing buyers still have some momentum.
Trade Management:
- Enter only within the specified zone.
- Close 50% at TP1.
- Close 25% at TP2.
- Close the remaining 25% at TP3.
- Move SL to breakeven after TP1.
My Strategy: Moderate conviction. Keep position size light and avoid chasing the price.
DYOR. Futures trading carries high risk. NFA.
#SNDK #Trading #ShortSetup #CryptoTrading
SNDK is showing bearish structure across the Daily, 4H, and 1H timeframes. Sellers are controlling the overall trend, but buyers still have some short-term momentum.
I'm watching for a SHORT futures entry near the resistance zone.
SHORT $SNDK /USDT
๐ Entry: 1119.54 โ 1126.02
๐ฏ TP1: 1071.20 (-4.6%)
๐ฏ TP2: 1036.82 (-7.7%)
๐ฏ TP3: 985.24 (-12.2%)
๐ Stop Loss: 1191.55 (+6.1%)
Why I'm Bearish:
- Daily trend below EMA50 and EMA200.
- 4H trend remains bearish.
- 1H trend remains bearish.
- 4 out of 12 signals support the short bias.
โ ๏ธ Risk Factors:
1H RSI is around 59, showing buyers still have some momentum.
Trade Management:
- Enter only within the specified zone.
- Close 50% at TP1.
- Close 25% at TP2.
- Close the remaining 25% at TP3.
- Move SL to breakeven after TP1.
My Strategy: Moderate conviction. Keep position size light and avoid chasing the price.
DYOR. Futures trading carries high risk. NFA.
#SNDK #Trading #ShortSetup #CryptoTrading
