$SNX

SNXUSDT

Perp

0.469

-6.38%

is showing a short-cover rally and I’m seeing buyers step in around the 0.480–0.495 zone. Liquidity is thinner here, so scaling in carefully is key, but the structure suggests momentum can carry price higher.

Here’s my trade plan:

Entry Zone: 0.480 – 0.495

Targets:

• T1: 0.515

• T2: 0.540

• T3: 0.565

Stop Loss: 0.462

Why this setup works:

I’m noticing strong reaction off support with quick recoveries, indicating shorts are covering and buyers are active. The clean higher-low structure sets up for continuation, and as long as price holds above 0.480, the trend favors upside toward the targets.

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