$SNXX / USDT (Futures) 📉
The coin is showing a rapid rally of +30.9%, hitting local resistance at the 14.98 level. On the 4H chart, the RSI indicator has approached extreme overbought conditions (79.8), and on the daily chart it has reached 74.5. The price chart has strongly separated from the key EMAs, indicating a high probability of a corrective pullback.
📉 Direction: SHORT
🎯 Entry: 14.50 - 14.90 (or at market)
⚡ Leverage: 3x - 5x
🎯 Take-profits:
14.10 (Local support level on 1H)
13.70 (EMA7 test on 4H)
12.50 (Retracement zone back to EMA7 on 1D)
🛑 Stop-loss: 15.45
💡 Briefly: Strong RSI overheating on 4H (79.8) and rejection from the 14.98 high provide an excellent setup for a corrective price relief toward the moving averages.
👇 OPEN THE TRADE: Click the trading widget $SNXX
under this post! Manage risk (no more than 2% of your account).
#SNXX #SNXXUSDT #TradingSignal #Futures #Crypto
The coin is showing a rapid rally of +30.9%, hitting local resistance at the 14.98 level. On the 4H chart, the RSI indicator has approached extreme overbought conditions (79.8), and on the daily chart it has reached 74.5. The price chart has strongly separated from the key EMAs, indicating a high probability of a corrective pullback.
📉 Direction: SHORT
🎯 Entry: 14.50 - 14.90 (or at market)
⚡ Leverage: 3x - 5x
🎯 Take-profits:
14.10 (Local support level on 1H)
13.70 (EMA7 test on 4H)
12.50 (Retracement zone back to EMA7 on 1D)
🛑 Stop-loss: 15.45
💡 Briefly: Strong RSI overheating on 4H (79.8) and rejection from the 14.98 high provide an excellent setup for a corrective price relief toward the moving averages.
👇 OPEN THE TRADE: Click the trading widget $SNXX
under this post! Manage risk (no more than 2% of your account).
#SNXX #SNXXUSDT #TradingSignal #Futures #Crypto