🔥 SNXUSDT | Short-Term Market Update 📊

$SNX is currently in a clear short-term downtrend, printing lower highs and lower lows. Price has just reached a key support area, but selling pressure is still dominant 👀

Momentum remains bearish unless structure changes.

📉 Bearish Scenario (Trend Continuation):

If SNX fails to reclaim 0.450 and shows rejection,

SNX

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SNXUSDT

Perp

0.448

-1.32%

📌 Entry (Sell Setup):

❌ 0.448 – 0.450

(Pullback into resistance)

🎯 Take Profit (TP):

🔻 TP1: 0.440

🔻 TP2: 0.432

🔻 TP3: 0.420

🛑 Stop Loss (SL):

❌ 0.455

👉 Continuation confirms sellers remain in control.

📈 Bullish Scenario (Short-Term Relief Bounce):

If price holds above 0.440 and breaks 0.452 with volume,

📌 Entry (Buy Setup):

✅ 0.452 – 0.455

(Break & hold above minor resistance)

🎯 Take Profit (TP):

🥇 TP1: 0.462

🥈 TP2: 0.472

🥉 TP3: 0.485

🛑 Stop Loss (SL):

❌ 0.440

👉 This would be a corrective move, not a full trend reversal yet.

🧠 Market Insight:

• Trend: Short-term bearish

• Strong selling momentum

• Bounce possible at demand zone

• Volume confirmation required ⚡
#SNX