#emarejection
emarejection
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$SNDK SHOWING SELL-SIDE LIQUIDITY ABOVE KEY RESISTANCE 🎯
Entry: 1512.06 🔥
Target: 1431.96 🚀
Stop Loss: 1631.14 ⚠️
The H4 chart shows a clean rejection at the EMA resistance zone, with RSI on lower timeframes failing to hold above 50. This aligns with the distribution pattern forming near 1522. Stop loss is placed above the swing high for a defined risk.
Volume is declining on the bounce, suggesting buying pressure is fading. The first target sits at a previous order block, offering a 1:2 risk-to-reward. Are you shorting this rejection or waiting for a sweep of the local low?
Not financial advice. Always manage your risk.
#SNDK #ShortSetup #Distribution #EMARejection #Crypto
🎯
Entry: 1512.06 🔥
Target: 1431.96 🚀
Stop Loss: 1631.14 ⚠️
The H4 chart shows a clean rejection at the EMA resistance zone, with RSI on lower timeframes failing to hold above 50. This aligns with the distribution pattern forming near 1522. Stop loss is placed above the swing high for a defined risk.
Volume is declining on the bounce, suggesting buying pressure is fading. The first target sits at a previous order block, offering a 1:2 risk-to-reward. Are you shorting this rejection or waiting for a sweep of the local low?
Not financial advice. Always manage your risk.
#SNDK #ShortSetup #Distribution #EMARejection #Crypto
🎯
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