SNXX just lost the entire MA stack in one move — most are still hoping for a dead-cat bounce.
$SNXX - SHORT
Trade Plan:
Entry: 8.40 – 8.70
SL: 9.15
TP1: 8.10
TP2: 7.80
TP3: 7.50
Why this setup?
• Momentum is cracking hard after the 13.70 rejection — price is now trading below every major MA.
• The failed reclaim of the 10 zone confirms distribution, not a bottom.
• Risk is defined at 9.05 while the downside still has clear air toward the 7.50s.
• Why now? Volume remains elevated on red candles — this is not a quiet consolidation, it’s active selling.
Debate:
Is this a genuine bottom forming at 8.50 or just a pause before the next leg down?
Click here to Trade 👇
$HEI $BLESS
$SNXX - SHORT
Trade Plan:
Entry: 8.40 – 8.70
SL: 9.15
TP1: 8.10
TP2: 7.80
TP3: 7.50
Why this setup?
• Momentum is cracking hard after the 13.70 rejection — price is now trading below every major MA.
• The failed reclaim of the 10 zone confirms distribution, not a bottom.
• Risk is defined at 9.05 while the downside still has clear air toward the 7.50s.
• Why now? Volume remains elevated on red candles — this is not a quiet consolidation, it’s active selling.
Debate:
Is this a genuine bottom forming at 8.50 or just a pause before the next leg down?
Click here to Trade 👇
$HEI $BLESS
