$SNXXB is up 21% today and I am not touching it. One number says why.
1h RSI is 84. this is deep overbought, not a breakout.
Price is at 95% of its 24h range.
The last 21% move is already priced in.
I need an hourly close above $18.0500. or a pullback to $14.5700 that holds.
It could keep running without you.
A bad entry costs more than a missed move.
Chasing $SNXXB here, or waiting for $14.5700?
📒 My log, last 7d: 36 calls closed, 19 hit a target, 16 stopped. Net +22.1R, losses included.
Binance data as of 18 Sep 20:30 UTC.
#SNXXB #RiskManagement
1h RSI is 84. this is deep overbought, not a breakout.
Price is at 95% of its 24h range.
The last 21% move is already priced in.
I need an hourly close above $18.0500. or a pullback to $14.5700 that holds.
It could keep running without you.
A bad entry costs more than a missed move.
Chasing $SNXXB here, or waiting for $14.5700?
📒 My log, last 7d: 36 calls closed, 19 hit a target, 16 stopped. Net +22.1R, losses included.
Binance data as of 18 Sep 20:30 UTC.
#SNXXB #RiskManagement