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SNDK short ambush, 4H level signal just activated
$SNDK /USDT - Short SHORT
Trading Plan:
Entry: 1584.53 – 1605.09
SL: 1693.49
TP1: 1520.80
TP2: 1471.46
TP3: 1397.44
Why pay attention to this structure?
- Current price 1594.81, 4H direction clearly SHORT, RSI 15M at 48.36 neutral to weak
- 1D in range consolidation, short entry precisely at EMA resistance level
- Why now? ATR 1H volatility 41, short-term downward momentum sufficient, TP1 1520.80 is 4.6% from current price
Discussion:
Will this wave hit TP1 first or directly break through TP2? Have you placed the short order?