$SNX is currently stabilizing after a volatile move between 0.309–0.350, now trading in a tight consolidation zone near 0.316. Price action shows that the market is trying to build a base after rejection from higher levels, suggesting a potential accumulation phase rather than a strong trending move.
The structure is neutral-to-bullish, but still needs confirmation.
Trade Setup
Entry Zone: 0.310 – 0.320
Take Profit Targets:
• TP1: 0.330
• TP2: 0.345
• TP3: 0.360
Stop Loss: 0.298
A breakout above 0.330 with volume could trigger bullish continuation toward higher resistance. If 0.310 breaks, downside retest toward 0.300 becomes likely before any recovery.
$SNX is in a decision zone — neither strong bullish nor bearish yet. The next breakout will define the short-term trend, so patience and confirmation are key.
Trade $SNX here 👇
SNX
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