$SNX WEAK BOUNCE INSIDE ACTIVE DOWNTREND, SHORT REMAINS FAVORABLE

Short $SNX

Entry: 0.2865 - 0.2890

SL: 0.2928

TP1: 0.2840

TP2: 0.2820

TP3: 0.2785

SNX is still trading with a clear sequence of lower highs and lower lows, and this bounce has not changed that. Price is reacting from nearby supply rather than reclaiming real demand, while liquidity remains exposed under 0.282. The short makes sense unless buyers can force acceptance above 0.2928, because that would be the first sign the bearish structure is breaking down.

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SNX
SNXUSDT
0.3091
+2.96%