$SNX 4H Technical Outlook
Bearish structure remains in control, but a liquidity sweep could set up the next major move.
Watch 0.209–0.206 closely. A sweep below this zone followed by a strong reclaim of 0.209 could trigger a bullish reversal, with 0.222 as the first target and 0.247 as a potential extension.
If 0.222 rejects with a clear lower high or bearish engulfing, downside targets shift back to 0.209, 0.206 and potentially 0.198.
Patience for confirmation is key. Let price reveal its hand before entering.
#SNX #CryptoTrading #Altcoins #TechnicalAnalysis #Binance $SNX
Bearish structure remains in control, but a liquidity sweep could set up the next major move.
Watch 0.209–0.206 closely. A sweep below this zone followed by a strong reclaim of 0.209 could trigger a bullish reversal, with 0.222 as the first target and 0.247 as a potential extension.
If 0.222 rejects with a clear lower high or bearish engulfing, downside targets shift back to 0.209, 0.206 and potentially 0.198.
Patience for confirmation is key. Let price reveal its hand before entering.
#SNX #CryptoTrading #Altcoins #TechnicalAnalysis #Binance $SNX