🚨 $SNXX SUPPLY ZONE DEFENDED AS BUYER EXHAUSTION SETS IN FOR A SWEEP! 🔻
Entry: 17.72 - 18.08 ⚡
Target: 17.27 - 16.38 🎯
Stop Loss: 19.40 ⚠️
The relief rally into the overhead supply wall is running out of steam as sellers step in to absorb every bid. Buyers are failing to generate follow-through above resistance, leaving market structure fragile and vulnerable to a swift downside rotation. 📊
With liquidations and stop orders pooling beneath the recent structure, order flow heavily favors a sweep down toward 16.38. 🔍 As long as sellers maintain control of this supply block, the path of least resistance points lower. 💬 Are you positioning short on this retest or waiting for support to break first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SNXX #ShortSetup #CryptoTrading #MarketAnalysis
🐻 ⚡
Entry: 17.72 - 18.08 ⚡
Target: 17.27 - 16.38 🎯
Stop Loss: 19.40 ⚠️
The relief rally into the overhead supply wall is running out of steam as sellers step in to absorb every bid. Buyers are failing to generate follow-through above resistance, leaving market structure fragile and vulnerable to a swift downside rotation. 📊
With liquidations and stop orders pooling beneath the recent structure, order flow heavily favors a sweep down toward 16.38. 🔍 As long as sellers maintain control of this supply block, the path of least resistance points lower. 💬 Are you positioning short on this retest or waiting for support to break first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SNXX #ShortSetup #CryptoTrading #MarketAnalysis
🐻 ⚡