$SNX bounced sharply after liquidity was cleared near the 0.408 zone, and this level clearly marked the exhaustion of sellers. The bounce was not random; buyers stepped in with intent, and the price quickly restored the short-term structure. Higher lows are now forming on the 1-hour chart, and momentum is recovering rather than stopping.

Here is the refined setup from this chart.

Entry point: 0.438 to 0.426

Target point

TP1: 0.452

TP2: 0.468

TP3: 0.495

Stop-loss: 0.414

Plan - continuation from the restored support. As long as SNX holds above the base of 0.425–0.428, the upward pressure remains valid, and the price may revisit the previous supply zone. A break below support would weaken the structure and nullify the setup

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$SNX

SNX
SNXUSDT
0.429
+1.17%