$SNDK Just Turned the Tables: What Comes Next?SNDKUSDTPERP PERPETUAL MIX CONTRACTBITGET:SNDKUSDT.Pkhsifat36Last week, SNDK beat earnings expectations, but instead of celebrating, the stock got slammed nearly 18% right after the results. Now look at it again. Management gave investors more clarity around its revenue outlook for the coming years, and that seems to have brought a lot more confidence back into the stock. SNDK is up another 13% today following SanDisk Investor Day. And now the chart is getting interesting. On the 1H chart, we have a clean breakout with extremely strong momentum. SNDK is around $1,620, after exploding out of the previous $1,350–$1,480 accumulation zone. The red descending trendline is the first major obstacle. Price has already pushed into it and is showing some hesitation around $1,620–$1,650. Above that, the next major level is approximately $1,700, followed by the $1,800 area. The other thing I wouldn't ignore is RSI. It's sitting around 73–74, meaning momentum remains strong, but the trade is becoming increasingly extended. That doesn't automatically mean bearish; strong assets can stay overbought, but it does mean I would rather see a controlled pullback than chase a vertical candle. ✅ The bullish scenario: If SNDK can hold above the breakout region and eventually reclaim the descending trendline, the next major psychological target becomes $1,680–$1,700, followed by the chart's $1,720 resistance. The next bigger upside area on this chart is around $1,800. ➡️ Bearish scenario: If SNDK gets rejected from the trendline and starts losing the recent higher lows, things change. A break below roughly $1,575–$1,560 would tell me the immediate momentum is weakening. And if the price eventually falls back below $1,490, then the lower support structure around $1,360–$1,350 becomes relevant again. However, personally I’m still bullish on SNDK, but I’m not chasing this move blindly. My game plan 👇 ✅ Long setup: • Entry zone: $1,550–$1,580 • Stop-loss: $1,510 • TP1: $1,630–$1,650 • TP2: $1,700 • TP3: $1,750 ✅ Short setup: • Entry: $1,680–$1,700 after bearish rejection • SL: $1,725 • TP1: $1,610 • TP2: $1,560 • TP3: $1,490 The chart looks strong. But the question now is whether SNDK can turn this breakout into the next leg higher or whether the market gives us the pullback first. What do you think about it? Feel free to share.