pulled

Macro Factors & Catalysts

Spot ETF outflows: Institutional investors have #pulled #Back , with recent net outflows dampening the market's recovery momentum.

co-op rate Activity: MicroStrategy (the top corporate $BTC holder) announced a shift from a strict buy-and-hold strategy to active asset management, including a share/BTC sale plan to cover dividends and boost liquidity.

Macro Environment: Inflation #data and a hawkish Federal #Reserve stance continue to weigh heavily on digital #assets .

$SNXX

#SNXX #LONG✅

Entry: 14.30 - 14.90

Stoploss: 14.10

Take Profit: 17.00

Take Profit 2: 18.50

#Pulled back from that 19.5 spike and is now sitting right on the support zone around 14.1-14.9 that's held for most of this range. Order book is fairly balanced (51/49), so this isn't a strong lean, but the support level lines up well as a spot to test a bounce.

This is a 2x leveraged ETF product on overnight hours, so gaps and slippage risk are higher than usual — keep the stop tight since it's right below current price.