🚨🚀 $SNX | The breakout could be the beginning of the move… but there’s an important condition!
SNXUSDT is currently testing a key resistance area at:
🔥 0.260 – 0.262$
🚨 Breakout confirmation condition:
We don’t consider the breakout confirmed unless there is a clear closing above 0.262$ and sustained holding above the zone, preferably followed by a successful retest where resistance turns into support.
❌ A mere momentary breakout or a candle that spikes above resistance is not enough.
If confirmation happens, the continuation scenario for the upward momentum becomes clearer 👇
🟢 Possible LONG zone:
0.258 – 0.260$ after confirmation/retest
🛑 SL: 0.228$
🎯 Targets:
1️⃣ 0.275$
2️⃣ 0.290$
3️⃣ 0.320$
4️⃣ 0.350$
5️⃣ 0.400$
🚀 0.500$ — the big target
💎 Spot: You can watch for the retest instead of chasing the move.
⚠️ Futures: Don’t enter just because price touches 0.262$.
Confirmation first → then the thoughtful entry.
🔥
0.260–0.262$ = decision zone
Close + holding above it = stronger breakout confirmation
Successful retest = additional technical signal
🚀 SNX: 0.262$ first… then we monitor the path toward 0.50$
#SNX #SNXUSDT #BinanceSquare #trading #trading
SNXUSDT is currently testing a key resistance area at:
🔥 0.260 – 0.262$
🚨 Breakout confirmation condition:
We don’t consider the breakout confirmed unless there is a clear closing above 0.262$ and sustained holding above the zone, preferably followed by a successful retest where resistance turns into support.
❌ A mere momentary breakout or a candle that spikes above resistance is not enough.
If confirmation happens, the continuation scenario for the upward momentum becomes clearer 👇
🟢 Possible LONG zone:
0.258 – 0.260$ after confirmation/retest
🛑 SL: 0.228$
🎯 Targets:
1️⃣ 0.275$
2️⃣ 0.290$
3️⃣ 0.320$
4️⃣ 0.350$
5️⃣ 0.400$
🚀 0.500$ — the big target
💎 Spot: You can watch for the retest instead of chasing the move.
⚠️ Futures: Don’t enter just because price touches 0.262$.
Confirmation first → then the thoughtful entry.
🔥
0.260–0.262$ = decision zone
Close + holding above it = stronger breakout confirmation
Successful retest = additional technical signal
🚀 SNX: 0.262$ first… then we monitor the path toward 0.50$
#SNX #SNXUSDT #BinanceSquare #trading #trading
