SNXX dropped 8.61% in 24h—yet the buy side remains dominant. This is the kind of divergence we’re seeing now.
Binance TradFi Perpetuals (equity-type) | SNXX remains weak during the day. Before any repair, we first need to see whether selling pressure is easing. Current price is about 12.74, with 24h trading volume of about 432 million; absolute volume doesn’t equal relative expansion.
Using the 30m ATR trend reference level at 13.082810: the current price has broken below the reference level, indicating that the trend’s support is starting to come under pressure.
Focus on just two key levels: whether the buy/sell ratio of 1.62 can stay above 1 to push the price to stabilize; and whether the current price can reclaim the ATR trend reference level of 13.08281.
#SNXX #Eruption Alert
Binance TradFi Perpetuals (equity-type) | SNXX remains weak during the day. Before any repair, we first need to see whether selling pressure is easing. Current price is about 12.74, with 24h trading volume of about 432 million; absolute volume doesn’t equal relative expansion.
Using the 30m ATR trend reference level at 13.082810: the current price has broken below the reference level, indicating that the trend’s support is starting to come under pressure.
Focus on just two key levels: whether the buy/sell ratio of 1.62 can stay above 1 to push the price to stabilize; and whether the current price can reclaim the ATR trend reference level of 13.08281.
#SNXX #Eruption Alert