⚡ $SNX /USDT is getting interesting around 0.2566.
I’m watching the latest push closely because price has moved back above the MA60 at 0.2559, and the short-term structure is showing a stronger move after holding the lower area.
The level I care about most right now is 0.2559. As long as SNX stays above the MA60, the current recovery structure remains intact for me. Below that, I’d start questioning the strength of this move.
On the upside, 0.2566–0.2567 is the immediate area being tested. A clean move and hold above this zone would make the setup more interesting, especially if volume continues supporting the move. 📈
I’m not chasing the current candle, though. I’d rather see confirmation above 0.2567 before considering an entry.
If price gets rejected here and slips back below 0.2559, the bullish setup would weaken. The visible lower areas around 0.2556 and 0.2553 then become important to watch.
For me, this is a confirmation setup, not a blind entry. Volume is also picking up around the recent move, so I’m watching how SNX reacts at 0.2567 next. 👀
I’m watching the latest push closely because price has moved back above the MA60 at 0.2559, and the short-term structure is showing a stronger move after holding the lower area.
The level I care about most right now is 0.2559. As long as SNX stays above the MA60, the current recovery structure remains intact for me. Below that, I’d start questioning the strength of this move.
On the upside, 0.2566–0.2567 is the immediate area being tested. A clean move and hold above this zone would make the setup more interesting, especially if volume continues supporting the move. 📈
I’m not chasing the current candle, though. I’d rather see confirmation above 0.2567 before considering an entry.
If price gets rejected here and slips back below 0.2559, the bullish setup would weaken. The visible lower areas around 0.2556 and 0.2553 then become important to watch.
For me, this is a confirmation setup, not a blind entry. Volume is also picking up around the recent move, so I’m watching how SNX reacts at 0.2567 next. 👀