SNDK on the 4-hour timeframe—are the main players brewing a fake breakout attempt?



$SNDK /USDT - go short SHORT

Trading plan:
Entry: 1350.9 – 1355.5
SL: 1375.6
TP1: 1336.4
TP2: 1325.2
TP3: 1308.4

Why focus on this structure?
- RSI on the 15-minute timeframe is only 34.97, indicating limited rebound space from short-term oversold conditions.
- Current price 1353.2 is below the 1-hour EMA, and bearish momentum hasn’t been fully released yet.
- Why now? On the 4-hour timeframe, price is at the lower end of a ranging zone. The bearish signal is already activated; if support at 1350.9 breaks, it could accelerate downside toward TP1 1336.4.

Discussion:
Will this move first tag TP2 1325.2, or will it rebound to lure longs before then dropping again?
SNDK4.97%
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