$SNX — Buyers Stepping In After Exhaustion 📈
The recent dip failed to gain continuation and bids stepped in quickly — this looks more like absorption than distribution. Buyers are defending structure well, and downside momentum has failed to expand.
As long as this zone holds, continuation to the upside remains the cleaner path.
📊 Long Setup
Entry: 0.400 – 0.415
🛑 Stop Loss: 0.365
🎯 Targets
TP1: 0.445
TP2: 0.515
TP3: 0.600
Momentum is stabilizing — watch for sustained strength and confirmation. Manage risk and trade the structure.