This morning I opened the chart and saw $SNXXB still up 15.9% over 24h — priced at $4.16, with 24h volume around $9.2 million. Looking back, it had just made a sharp spike to $4.66 before cooling off to $4.16. The 1H RSI also cooled from the overbought zone around 80 to 52.2 — the kind of move where it runs hot and then catches its breath, not a full-on sell-off.
What caught my attention: the price is pinned just below the EMA20 ($4.19) but is still above the EMA50 ($3.92). Average 1H candle volume over the past 24 hours was about 1.7 times the 5-day average — real money flowing in, not a thinly traded pump. The levels I’m watching: if it holds $3.57 (the 24h low), it could still retest the $4.66 high; if it loses $3.57, it will likely pull back toward $2.93.
As for the broader picture, $BTC is still moving sideways around $74,098 (+0.76%), caught between the EMA20 and EMA50, with an RSI of 50.1 — the market is waiting for the jobless claims report at 7:30 tonight. Yesterday, INIT gave back its gains, dropping 51.5% after a 80% rally, which is also a reminder: when small-cap coins run hot, they can reverse just as quickly.
I’m waiting to see whether SNXXB can reclaim the $4.19 EMA20 during today’s session, and whether BTC can hold $73,209.
Data analysis, not investment advice.
#SNXXB #Bitcoin #Crypto
What caught my attention: the price is pinned just below the EMA20 ($4.19) but is still above the EMA50 ($3.92). Average 1H candle volume over the past 24 hours was about 1.7 times the 5-day average — real money flowing in, not a thinly traded pump. The levels I’m watching: if it holds $3.57 (the 24h low), it could still retest the $4.66 high; if it loses $3.57, it will likely pull back toward $2.93.
As for the broader picture, $BTC is still moving sideways around $74,098 (+0.76%), caught between the EMA20 and EMA50, with an RSI of 50.1 — the market is waiting for the jobless claims report at 7:30 tonight. Yesterday, INIT gave back its gains, dropping 51.5% after a 80% rally, which is also a reminder: when small-cap coins run hot, they can reverse just as quickly.
I’m waiting to see whether SNXXB can reclaim the $4.19 EMA20 during today’s session, and whether BTC can hold $73,209.
Data analysis, not investment advice.
#SNXXB #Bitcoin #Crypto
