Is this pullback the last leg down?
🔴 SHORT $SNDK /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 1486.70442 – 1491.89558
TP1: 1447.37365 (-2.8%)
TP2: 1419.42275 (-4.7%)
TP3: 1377.49640 (-7.5%)
SL: 1545.20180 (+3.8%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? 5/11 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 65.5)
Risk: Price is washed out, bounces are common from here (1h RSI 13.5, oversold)
Trade note: SNDK
I'm watching the SNDK short setup I have ready. The daily trend is a range, but the 4h structure is clearly down with price below both the EMA50 and EMA200. I want to see sellers stay in control, and the ADX at 65.5 with DI minus at 40.2 against DI plus at 9.7 tells me they are. The 1h RSI at 29.65 confirms bearish momentum, and the 1h ATR is 15.52, so a pullback of about one ATR already sits near the entry I have marked. The 1h RSI at 13.5 is deeply oversold, which means a bounce is the main risk against this trade.
Where would you set your invalidation level?
Chart with every level below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
🔴 SHORT $SNDK /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 1486.70442 – 1491.89558
TP1: 1447.37365 (-2.8%)
TP2: 1419.42275 (-4.7%)
TP3: 1377.49640 (-7.5%)
SL: 1545.20180 (+3.8%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? 5/11 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 65.5)
Risk: Price is washed out, bounces are common from here (1h RSI 13.5, oversold)
Trade note: SNDK
I'm watching the SNDK short setup I have ready. The daily trend is a range, but the 4h structure is clearly down with price below both the EMA50 and EMA200. I want to see sellers stay in control, and the ADX at 65.5 with DI minus at 40.2 against DI plus at 9.7 tells me they are. The 1h RSI at 29.65 confirms bearish momentum, and the 1h ATR is 15.52, so a pullback of about one ATR already sits near the entry I have marked. The 1h RSI at 13.5 is deeply oversold, which means a bounce is the main risk against this trade.
Where would you set your invalidation level?
Chart with every level below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.