SNDK Break Key Support as Selling Pressure Targets Lower Level.

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SNDK Break Key Support as Selling Pressure Targets Lower Level.Sandisk CorporationBATS:SNDKthenry001 SanDisk (SNDK) Bears Break Key Support as Selling Pressure Targets Lower Levels SanDisk Corporation (NASDAQ: SNDK) is showing a significant shift in market structure on the 4-hour timeframe. After reaching above $2,100 earlier in the cycle, the stock began forming lower highs, signalling weakening bullish momentum. The latest breakdown below its multi-month support zone suggests sellers are gaining control. Key Technical Breakdown 1. Major Support Breach ($1,242.82–$1,286.93) The $1,242–$1,286 region previously acted as an important accumulation zone during earlier pullbacks. However, sellers have now pushed price decisively below this support. The subsequent retest failed to reclaim the zone, suggesting a potential support-to-resistance flip. 2. Bearish Momentum Strengthens The latest selling impulse indicates increasing downside pressure. With the previous support structure broken, further weakness remains possible if sellers maintain control. 3. Downside Liquidity Targets The next areas of interest are around $1,132.91, followed by the psychological $1,000 level. A deeper correction could expose the previous demand region around $909.10. My SNDK Short Trade Setup Entry: $1,243.28 (retest) or around $1,182.60 (market reference) Stop Loss: $1,350.58 TP1: $1,132.91 TP2: $1,019.47 TP3: $909.10 I am monitoring this setup through Bitget, where SNDK is available for trading. Trade Management My preference is to secure partial profits at TP1 and reassess the position. If price reaches the first target, I would consider moving the stop loss to breakeven, subject to execution conditions, while allowing the remaining position to target lower liquidity levels. Final Outlook SNDK's breakdown below its established support structure puts sellers in a stronger technical position. However, a recovery above the broken support zone would weaken the bearish thesis. For now, I am watching for continued bearish confirmation and a possible expansion toward $1,000 and eventually $909. Do you think SNDK is preparing for another leg down, or could buyers reclaim the broken support?