$SNXX wow! It shot up to fifteen just to get knocked back down with one stick; all the chasers ended up trapped in a locked-in position. This rebound doesn’t even give you a drop of soup to drink. Four hours net down two points; the 15-minute 50-moving average is firmly pinned on top like a lid. The price is stuck under the line— even when it tries to bounce off the support, it can’t manage to pull up. Momentum has long since flipped—now it’s the bears pressing the gas. The sharper the rebound, the more it looks like inviting you into a trap: the ceiling is welded shut; downwards is the destination.
