SNDK Is Back Near $1,800 — This Level Could Decide the Next Move

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SNDK Is Back Near $1,800 — This Level Could Decide the Next MoveSandisk CorporationBATS:SNDKMbura80 SNDK has moved hard, but I’m more interested in what happens next. Price is back around $1,739, right below the $1,800 area that has repeatedly acted as resistance on the 4H chart. The bigger structure still looks constructive to me. SNDK has been making higher lows inside a rising channel, and the current move is bringing price back toward the top of the recent range. The setup I’m watching is simple: I want a clean 4H close above $1,800, followed by a hold or retest of that level. If buyers can turn $1,800 into support, I’ll be watching $2,300–$2,400 as the next major area, close to the upper side of the broader channel. There is also a reason to pay attention to SNDK right now. The stock is scheduled to join the S&P 100 on September 21, while memory and AI data-center demand remain important themes around the company. Today also comes with extra market noise. The BOJ raised its policy rate to 1.25%, while U.S. markets are dealing with quarterly derivatives expiration. That can make price action less clean, so I’d rather wait for SNDK to confirm its direction than force an entry. The downside is just as clear. My main support zone is $1,450–$1,500. If price loses that area and breaks down from the rising channel, the breakout thesis is no longer valid for me. This is also where Bitget becomes useful for this type of setup. SNDKUSDT is available as a stock perp on Bitget with 24/7 trading, so if the setup changes after the U.S. session closes, I can still monitor and manage the position instead of waiting for the next market open. I also like the flexibility of being able to trade the stock perp long or short with USDT rather than needing a traditional brokerage account. Bitget says its stock perps are designed for 24/7 trading and support both directions, although liquidity can vary outside regular U.S. market hours. So my map is straightforward: Above $1,800: breakout confirmation → watch $2,300–$2,400. Rejection below $1,800: no chase → wait for another setup. Below $1,450–$1,500: rising structure is weakened → reassess. I’m not trying to predict the next candle. I’m watching $1,800 to see whether SNDK can finally turn resistance into support. Not financial advice.