$SNOW is trading inside a tight consolidation after a sharp sell-off. The rejection near 267-270 shows sellers are still active, but the price is also defending the 262-264 support area. This compression often precedes a strong directional move. A breakout above resistance with rising volume could trigger bullish continuation, while losing support may invite another leg down. Patience is key—let the market confirm the direction before entering, and always manage your risk.