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Most traders are still long SNDK while the 4h setup just armed a short trap.
$SNDK /USDT - SHORT
Trade Plan:
Entry: 2093.75 – 2107.07
SL: 2164.34
TP1: 2052.46
TP2: 2020.50
TP3: 1972.55
Why this setup?
RSI on 15m is 41.57—already below neutral, confirming early weakness. Price is sitting at the 1h pivot ref of 2100.41 with a tight entry zone. The 1D trend is range-bound, so the short path to TP2 at 2020.50 is the higher-probability move right now.
Debate:
Do you trust the 55% confidence short, or is this just a fakeout before a squeeze to 2180?