🚨 $SNDK Short Setup — Top Rejection & Resistance Exhaustion
SNDK (SanDisk) met strong selling resistance after pushing into a 24h high of 1,666.66 on the 4H timeframe. Price printed a top rejection wick and is pulling back toward 1,623.97. After a major multi-day upward surge, declining buyer volume near peak resistance points toward exhaustion, opening up a opportunity for a corrective retracement toward lower consolidation support levels.
📍 Short Entry: 1,620.00 – 1,650.00
🎯 TP1: 1,560.00
🎯 TP2: 1,500.00
🎯 TP3: 1,420.00
🛑 Stop Loss: 1,685.00
⚠️ Note: Counter-trend scalp setup off range highs. Avoid chasing market sells during sharp drops—wait for weak lower-timeframe bounces into the entry range to secure optimal risk-to-reward.
Keep leverage low, protect your capital, and manage risk strictly.
Let the price confirm the setup — not the FOMO. 📈
👇 Click below to open the trade
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