🔥 SNDK IS APPROACHING A KEY RESISTANCE ZONE. CAN BUYERS PUSH HIGHER?
$SNDK is trading near $1,797 on the 4H chart after recovering from $1,727.47. Price is above MA(7) at $1,775.52, showing short-term recovery, but remains below MA(25) at $1,805.82. This resistance area is the next key test. A strong 4H close above $1,808 could open the door to further upside, while rejection may bring another pullback.
$SNDK 4H LONG SETUP
Entry: $1,780–$1,795
TP1: $1,805
TP2: $1,812
TP3: $1,823
SL: $1,750
My take: The recovery is encouraging, but buyers still need to clear resistance with strong volume. Support around $1,780 is worth watching, while the recent low near $1,727 remains an important downside reference. I would avoid chasing a breakout without confirmation and keep risk controlled.
Would you take this SNDK setup, or wait for a confirmed 4H close above $1,808?
#AyeshaAbid
#SNDK #Stocks #TechnicalAnalysis
#CFTCUpdatesGuidanceOnTokenizedAssets
$SNDK is trading near $1,797 on the 4H chart after recovering from $1,727.47. Price is above MA(7) at $1,775.52, showing short-term recovery, but remains below MA(25) at $1,805.82. This resistance area is the next key test. A strong 4H close above $1,808 could open the door to further upside, while rejection may bring another pullback.
$SNDK 4H LONG SETUP
Entry: $1,780–$1,795
TP1: $1,805
TP2: $1,812
TP3: $1,823
SL: $1,750
My take: The recovery is encouraging, but buyers still need to clear resistance with strong volume. Support around $1,780 is worth watching, while the recent low near $1,727 remains an important downside reference. I would avoid chasing a breakout without confirmation and keep risk controlled.
Would you take this SNDK setup, or wait for a confirmed 4H close above $1,808?
#AyeshaAbid
#SNDK #Stocks #TechnicalAnalysis
#CFTCUpdatesGuidanceOnTokenizedAssets