$SNX is holding up better than the panic implies.

$SNX - LONG

Trade Plan:

Entry: 0.30772 – 0.30928

SL: 0.30382

TP1: 0.31318

TP2: 0.31474

TP3: 0.31785

Why this setup?

The 4H LONG setup is forming from the correct area: 0.30772 – 0.30928 near 0.30850. The daily chart remains bearish, with the 15m RSI at 52 (momentum is neutral enough for the structure to build). 15m volume shows 64.36K against a 54.82K 1H baseline (1.17x), confirming the reaction's validity.

Treat 0.30382 as the critical level. Holding above it, 0.31318 is the initial target; a proper move extends toward 0.31785.

Debate:

Will this zone initiate the rally, or end it before TP1 is reached?

Trade here 👇