$SNXX This round looks like the main force is secretly withdrawing their ladder. The 15-minute line has already broken below the MA50. The last 4-hour candle was a big bearish one, smashing straight from 19.80 to 19.31. The daily high at 20.27 is the ceiling—after a 14% rise, this rebound has already exhausted itself; textbook level. The cruelest part is that the large-household positions’ share plunged 18% within 7 hours. The long positions collapsed from around 40% downward, while retail investors are still catching the falling bids on the futures side. The main force has already offloaded most of the long orders. The thickness of the spot buy-side is only 78% of the sell-side; with this kind of depth, once it gets hit, it becomes a waterfall. Don’t fantasize about pushing back to new highs. At the current price 19.66, short it directly. First target 18.60, second target 17.70. Stop loss 20.55. If it breaks, that’s a structural reversal—admit it and get out.