From TradingView · · 50s
SNDK Weekly Higher Low Structure
SNDK shows higher low pattern forming after recent drop.
In brief
SNDK shows higher low pattern forming after recent drop. SNDK may hold higher low structure above $1,447 before next resistance at $1,930. Originally reported by TradingView.
Weekly Structure
SNDK is developing a higher-low structure on the weekly timeframe after sharp correction from $1,800, $1,850.
Key Structural Point
The reaction from $1,000, $1,150 region followed by recovery toward $1,800 is the key structural point.
Current Retracement
Current retracement toward $1,500, $1,530 is the area to monitor for higher low confirmation.
Structural Support
As long as price holds above $1,447, the pullback remains consistent with higher low formation.
Confirmation Zone
Recovery above recent swing high around $1,800, $1,850 confirms bullish sequence resumption.
Next Resistance
Above $1,800, $1,850, next major resistance is $1,930 followed by $2,300, $2,330.
The bottom line
SNDK may hold higher low structure above $1,447 before next resistance at $1,930.
