$SNXX This surge is indeed astonishing, but the Stoch RSI is directly up to 97.3—it's extremely overbought. A short-term pullback seems hard to rule out. The moving-average system, however, looks quite nice: EMA7 has crossed above EMA25 and EMA99, confirming the short-term bullish trend. Also, long positions account for 77.5%—with such a high concentration, the probability of a shakeout isn’t small.
The key is the level around 13.52. If it holds there, there could be room to keep pushing higher. But if it breaks down near 12.65, then the current bullish setup will be completely invalidated. Chasing the price? I think it’s better to pass—entering at this point makes it easy to get caught holding the bag.
For observing the order book and scenario analysis only; it does not constitute a record of trading actions.
$SNXX #合约 #交易 #bear market
The key is the level around 13.52. If it holds there, there could be room to keep pushing higher. But if it breaks down near 12.65, then the current bullish setup will be completely invalidated. Chasing the price? I think it’s better to pass—entering at this point makes it easy to get caught holding the bag.
For observing the order book and scenario analysis only; it does not constitute a record of trading actions.
$SNXX #合约 #交易 #bear market
