🚨 $SNXX — Short Setup | Weak Bounce in a Downtrend (1h)
SNXX is up about 15% in 24h at $3.65 on $448M volume, but it is still down about 41% in 7 days. The 1h chart shows a spike into $3.82 and a rejection, so I short the weak bounce and book profit before the $2.93 low.
📍 Short Entry: $3.70–$3.78
🎯 TP1: $3.50
🎯 TP2: $3.30
🛑 SL: Above $3.88
Setup: Downtrend bounce + rejection at the high. If $3.88 breaks on a 1h close, skip the trade.
Do you think $SNXX goes back to $3.30? 👇
⚠️ Not financial advice. SNXX is a 2X leveraged ETF perp, down about 74% in 30 days, and relief bounces can be violent. Use very low leverage.
— ANiii Trader Analysis 📊
👇 Click to Open Trade
$PEPE
SNXX is up about 15% in 24h at $3.65 on $448M volume, but it is still down about 41% in 7 days. The 1h chart shows a spike into $3.82 and a rejection, so I short the weak bounce and book profit before the $2.93 low.
📍 Short Entry: $3.70–$3.78
🎯 TP1: $3.50
🎯 TP2: $3.30
🛑 SL: Above $3.88
Setup: Downtrend bounce + rejection at the high. If $3.88 breaks on a 1h close, skip the trade.
Do you think $SNXX goes back to $3.30? 👇
⚠️ Not financial advice. SNXX is a 2X leveraged ETF perp, down about 74% in 30 days, and relief bounces can be violent. Use very low leverage.
— ANiii Trader Analysis 📊
👇 Click to Open Trade
$PEPE
