🧭 $SNX23 is moving through a supportive but capped setup, with the latest high-low sequence defining the active short-term structure. The tape is stronger on rejection candles than in the middle of the range, making repeated acceptance or rejection more useful than a single volatility spike. The developing swing pattern becomes more informative when price either accepts beyond a level or rejects it on repeated tests. Liquidity behavior and post-break execution remain the main variables for judging whether the current condition is evolving.