Post
Zain- trade
📉 $SNDK Tonight: Bearish Bias
Keeping it simple—my bias for tonight remains bearish. Any rebound looks more like a potential selling opportunity than a reason to chase longs.
Reason #1: 1832–1834 Resistance Holds
Yesterday, $SNDK pushed to 1834 but was rejected, closing around 1766
📊 RSI: 65.57 — approaching overbought territory
📊 ADX: 21.60 — suggesting limited trend strength
Unless resistance is convincingly reclaimed, I’m watching for weakness rather than chasing upside.
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