The bounce from 16.61 looks tempting but the trend hasn’t flipped yet.
$SNXX is still trading below a bearish EMA structure, with EMA7 < EMA25 < EMA99. The current recovery is now approaching the 17.20–17.50 resistance area.
🔴 SHORT — WAIT FOR REJECTION
Preferred Entry: 17.30–17.50
TP1: 16.90
TP2: 16.65
SL: 17.75
⭐ Trade Grade
B Setup
No need to force this one.
If SNXX rejects the resistance zone, the short thesis becomes much cleaner. If it breaks through, step aside and reassess.
Wait for the trigger. 👇
$SNXX is still trading below a bearish EMA structure, with EMA7 < EMA25 < EMA99. The current recovery is now approaching the 17.20–17.50 resistance area.
🔴 SHORT — WAIT FOR REJECTION
Preferred Entry: 17.30–17.50
TP1: 16.90
TP2: 16.65
SL: 17.75
⭐ Trade Grade
B Setup
No need to force this one.
If SNXX rejects the resistance zone, the short thesis becomes much cleaner. If it breaks through, step aside and reassess.
Wait for the trigger. 👇