SNXX/USDT – Quick Analysis
Price is currently trading around 19.29, just below the key resistance zone at 19.90 – 20.21 (previous high). Two scenarios stand out on the current structure:
Setup 1 – Shallow pullback: Price dips slightly to 18.34 before bouncing straight back up to retest resistance at 19.90. Valid if buying pressure stays strong without needing a deep sweep.
Setup 2 – Return to Buy Zone (OB): Price drops deeper, sweeping into the Order Block zone at 17.50 – 17.60 (aligned with horizontal support at 17.59, near the 17.12 breakout zone) before reversing back up toward resistance.
📍 Potential buy zone: 17.50 – 17.60 (Buy Zone/OB)
🛑 Invalidation: below 17.00
🎯 TP1: 19.90
🎯 TP2: 20.21
Note: this is a technical projection (not yet confirmed) — SNXX is highly volatile, so strict risk management is essential. Not financial advice.
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