$SNXX A striking downtrend—an opportunity to enter a short position
As long as the price remains below the 5.2–5.5 resistance zone, the primary trend remains bearish.
SNXX is currently overextended and at local support, so a short-term relief bounce or sideways consolidation is highly likely before the downtrend continues.
$SNXX Short strategy
· Short entry range: 5.1–5.4 (wait for a bounce to this resistance zone)
· Stop-loss: above 5.7
· Take-profit: 4.6 (recent low), 4.2 (next support level)
Support me by trading here 👇$SNXX
As long as the price remains below the 5.2–5.5 resistance zone, the primary trend remains bearish.
SNXX is currently overextended and at local support, so a short-term relief bounce or sideways consolidation is highly likely before the downtrend continues.
$SNXX Short strategy
· Short entry range: 5.1–5.4 (wait for a bounce to this resistance zone)
· Stop-loss: above 5.7
· Take-profit: 4.6 (recent low), 4.2 (next support level)
Support me by trading here 👇$SNXX
