$SNXXB plunged 7.49% in 1 hour, trading at 10.01, with a 24-hour range of 9.5 ~ 10.89.
Structurally, this move should be viewed alongside the 4-hour structure, as anomalies on shorter timeframes are often corrected.
The first rebound after a drop is crucial: a weak rebound indicates that buying pressure is still weak. Recovering most of the decline is what would signal stabilization.
#SNXXB
Structurally, this move should be viewed alongside the 4-hour structure, as anomalies on shorter timeframes are often corrected.
The first rebound after a drop is crucial: a weak rebound indicates that buying pressure is still weak. Recovering most of the decline is what would signal stabilization.
#SNXXB