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📊 SanDisk: Watching a key technical zone.
SanDisk has tested the 1,000 support area twice this week, making it one of the most important levels to monitor.
From a technical perspective, even if price briefly moves below 1,000, it could still prove to be a false breakdown if buyers quickly reclaim the level.
Looking at the broader trend, the current correction appears well underway, but whether it's complete remains uncertain.
Key observations:
🔹 1,000 remains the major support zone.
🔹 A sustained recovery from this area could improve short-term momentum.
🔹 A confirmed breakdown below support would increase volatility but could also create opportunities if buyers step back in.
The next move will likely depend on volume, confirmation, and overall market sentiment rather than the support level alone.
As always, avoid assuming every bounce marks the final bottom.
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