đ¨ Close monitoring: Is $SNXXB forming a new price bottom?
$SNXXB
âAfter closely monitoring the SNXX/USDT pair (Pre-Market contracts) on the 1-hour timeframe, we can see the price reaching key historical levels after a corrective decline of more than 17%:
âđ Current technical data:
⢠Current price: 10.97 USDT
⢠Latest recorded low: 10.79 USDT
⢠First near-term resistance, MA(7): 11.19 USDT
⢠Second resistance, MA(25): 11.69 USDT
⢠Main resistance, MA(99): 13.37 USDT
âđŻ Expected rebound scenario:
⢠Trading steadily above 10.80 USDT would suggest the start of an upward rebound, with initial targets at 11.20 and then 11.70.
⢠A 1-hour candle close above 11.70 would confirm the return of positive momentum, with 13.00+ as the target zone.
ââ ď¸ Risk management:
⢠Stop-loss: A 1-hour candle close below 10.75 USDT invalidates the bullish outlook.
⢠Use low leverage to avoid sharp market fluctuations.
$SNXXB
âAfter closely monitoring the SNXX/USDT pair (Pre-Market contracts) on the 1-hour timeframe, we can see the price reaching key historical levels after a corrective decline of more than 17%:
âđ Current technical data:
⢠Current price: 10.97 USDT
⢠Latest recorded low: 10.79 USDT
⢠First near-term resistance, MA(7): 11.19 USDT
⢠Second resistance, MA(25): 11.69 USDT
⢠Main resistance, MA(99): 13.37 USDT
âđŻ Expected rebound scenario:
⢠Trading steadily above 10.80 USDT would suggest the start of an upward rebound, with initial targets at 11.20 and then 11.70.
⢠A 1-hour candle close above 11.70 would confirm the return of positive momentum, with 13.00+ as the target zone.
ââ ď¸ Risk management:
⢠Stop-loss: A 1-hour candle close below 10.75 USDT invalidates the bullish outlook.
⢠Use low leverage to avoid sharp market fluctuations.