⚡ SNDK SHORTS UNDER FIRE — $67.6K WIPED OUT! 🟢
The battle between bulls and bears is heating up! SanDisk (SNDK) registered a $67.6K short liquidation at $1,404.70, showing that bearish traders faced pressure as their positions were forced to close. Can buyers turn this into another leg higher? 🚀
📍 PRICE ACTION CHECKPOINTS
💥 Liquidation Reference: $1,404.70
🚧 Upside Barrier: $1,420–$1,435
🛡️ Support Area: $1,390–$1,375
🔍 THE SETUP TO WATCH
🟢 Bullish Continuation: If SNDK holds above $1,404.70 and breaks through $1,420, the next potential objective is $1,435.
🔴 Bearish Reversal: A confirmed loss of $1,390 could weaken the recovery and expose $1,375.
🧠 MY MARKET READ
Bias: Cautiously bullish above $1,390, but breakout confirmation is essential.
Short liquidations can create additional buying pressure as positions are closed. However, this event alone cannot confirm that the rally will continue.
🎯 TRADE PLAN
• Trigger: Confirmed breakout above $1,420.
• Invalidation: Sustained move below $1,390.
• Potential target: $1,435.
• Strategy: Wait for confirmation instead of chasing a sudden spike.
🔥 FINAL WORD: Keep $1,420 in focus. A convincing breakout could strengthen the bullish case; rejection may send SNDK back to test support.
⚠️ Risk Disclaimer: These are illustrative levels, not verified live-market signals. This is market commentary, not financial advice. Protect your capital with disciplined position sizing and stop-loss management.
#SNDK #SanDisk #ShortLiquidation #StockMarket
#TradingSetup #CanMicrosoftDeliverOnAI #CanGoogleDefindItsCore #BitcoinCore32.1RaisesPeerConnectionLimit #BitcoinCoreIdentifiesThreeVulnerabilities