SNXX current price 15.08. This 2X leveraged small-cap momentum has fizzled out—the 4-hour and daily are both DOWN. After the rebound touched 15.12, it was held down by the MA20. The 24-hour high at 15.53 couldn’t be reclaimed. The proportion of主动盤 buy-ins has fallen to just 46%, dropping another 38% in 7 hours. Fees have climbed to the 8th-period average six times, and the long side is so crowded there’s no one left to take over. Go short, enter at 15.08. Target 14.44 / 13.90. Stop loss 15.70