🚨 $SNXX BREAKDOWN LOOMS AS BEARS DEFEND $9.77 RESISTANCE TOWARD $8.82 TARGET! 📉
Entry: 9.63 - 9.77 ⚡
Target: 9.40 - 8.82 🎯
Stop Loss: 10.08 🛑
📌 The rejection off the $10.50 ceiling triggered an aggressive supply wave, carving out distinct lower highs across the 1H timeframe. Sellers are firmly defending the $9.77 zone, with bids thinning out rapidly below the $9.60 shelf.
🔍 If the tape loses $9.60, momentum should cascade straight into the $8.82 liquidity pocket as trapped longs unwind. Any clean reclaim above $10.08 invalidates this short thesis immediately. 💬 Are you fading this bounce or waiting for support at $8.82? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SNXX #ShortSetup #CryptoTrading #Bearish
📉 🐻
Entry: 9.63 - 9.77 ⚡
Target: 9.40 - 8.82 🎯
Stop Loss: 10.08 🛑
📌 The rejection off the $10.50 ceiling triggered an aggressive supply wave, carving out distinct lower highs across the 1H timeframe. Sellers are firmly defending the $9.77 zone, with bids thinning out rapidly below the $9.60 shelf.
🔍 If the tape loses $9.60, momentum should cascade straight into the $8.82 liquidity pocket as trapped longs unwind. Any clean reclaim above $10.08 invalidates this short thesis immediately. 💬 Are you fading this bounce or waiting for support at $8.82? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SNXX #ShortSetup #CryptoTrading #Bearish
📉 🐻