$SNXXB is up 15.3 percent today and I am passing on it
The 1h RSI sits at 72 so the momentum is stretched too far
Volume is only 0.9x the average so this push lacks real backing
I need an hourly close and hold above $3.8100 before I care
Or I want a pullback that holds $2.9300 and bounces cleanly
It could keep running without me and a bad entry costs more than a missed move
Chasing $SNXXB here or waiting for $2.9300
#SNXXB #RiskManagement
The 1h RSI sits at 72 so the momentum is stretched too far
Volume is only 0.9x the average so this push lacks real backing
I need an hourly close and hold above $3.8100 before I care
Or I want a pullback that holds $2.9300 and bounces cleanly
It could keep running without me and a bad entry costs more than a missed move
Chasing $SNXXB here or waiting for $2.9300
#SNXXB #RiskManagement