$SNXX clearly reveals the sell-off and a short attack, with a dead-cat bounce—18.90 is literally a short-seller’s gift. The price has been welded shut by the MA50; the moment it just poked out, new chips stamped it back down. Even the funding rate has flipped negative—bulls don’t even have the heart to keep propping up the price with paid funding. The earlier push to 20.20 was just positioning to test the market. Selling back down to 18.07 is wiping out all the chased longs—so where can this trade go from here? Go short: enter at 18.90. First target 18.10; hold steady and aim for 17.45. Stop-loss at 19.70. If it can’t hold 19.70, then admit defeat. If it holds, then it’s over for every short-seller’s wallet across the whole network—not FUD; this is a horror movie that’s being broadcast live.