$SNXXB
๐ป $SNXXB SHORT SETUP ๐ด
Sellers are dominating the price action as $SNXXB experiences significant downward pressure. โก
The asset has seen a sharp 37.62% decline over the last 24 hours, struggling to maintain support near its daily lows of 3.4000. With high selling volume and momentum clearly favoring the bears, we are looking for a potential continuation of this trend.
๐ 24h: -37.62% | Vol: $10,635,005.18
๐ TRADE PLAN
๐น Entry: 3.3900
๐ Stop Loss: 3.5200
๐ฏ TP1: 3.1950
๐ฏ TP2: 3.1000
๐ฏ TP3: 2.9500
โ๏ธ Risk:Reward (TP1): 1:1.50
๐ Trigger: A clear breakdown and hourly close below the 3.3800 support level would confirm the bearish momentum for this short setup.
โ ๏ธ Risk Note: High volatility is present due to the recent steep decline; ensure strict position sizing to manage potential rapid price swings.
Always wait for a clear breakdown on lower timeframes before committing to a position.
Click below ๐๐ป to trade
$SNXXB
Follow @T4_TZX for more updates...
#SNXXB #CryptoTrading #MarketAnalysis #BinanceSquare
๐ป $SNXXB SHORT SETUP ๐ด
Sellers are dominating the price action as $SNXXB experiences significant downward pressure. โก
The asset has seen a sharp 37.62% decline over the last 24 hours, struggling to maintain support near its daily lows of 3.4000. With high selling volume and momentum clearly favoring the bears, we are looking for a potential continuation of this trend.
๐ 24h: -37.62% | Vol: $10,635,005.18
๐ TRADE PLAN
๐น Entry: 3.3900
๐ Stop Loss: 3.5200
๐ฏ TP1: 3.1950
๐ฏ TP2: 3.1000
๐ฏ TP3: 2.9500
โ๏ธ Risk:Reward (TP1): 1:1.50
๐ Trigger: A clear breakdown and hourly close below the 3.3800 support level would confirm the bearish momentum for this short setup.
โ ๏ธ Risk Note: High volatility is present due to the recent steep decline; ensure strict position sizing to manage potential rapid price swings.
Always wait for a clear breakdown on lower timeframes before committing to a position.
Click below ๐๐ป to trade
$SNXXB
Follow @T4_TZX for more updates...
#SNXXB #CryptoTrading #MarketAnalysis #BinanceSquare