SNX is aligning several conditions behind this SHORT reading.
This is a short idea, aiming lower.
Where the levels sit: Entry zone ~$0.26, Stop loss $0.27, TP1 $0.25, TP2 $0.25, TP3 $0.24.
Context first: volatile bullish trend. Then the level.
Model confidence is 37%. Entry to TP3 spans about 8.00%. Quality check: 75/100, tier A. Downside probability comes in at 67.9%. Risk/reward to TP3 works out to 2.70:1.
Curious what levels you're working on SNX this week.
Levels come from ATR and regime, with the stop tucked beyond recent swing liquidity. 1R here is about 2.96% of price.
Positions carry risk. Size accordingly.
#SNX #SNXUSDT #Short #Volatile #Trading
This is a short idea, aiming lower.
Where the levels sit: Entry zone ~$0.26, Stop loss $0.27, TP1 $0.25, TP2 $0.25, TP3 $0.24.
Context first: volatile bullish trend. Then the level.
Model confidence is 37%. Entry to TP3 spans about 8.00%. Quality check: 75/100, tier A. Downside probability comes in at 67.9%. Risk/reward to TP3 works out to 2.70:1.
Curious what levels you're working on SNX this week.
Levels come from ATR and regime, with the stop tucked beyond recent swing liquidity. 1R here is about 2.96% of price.
Positions carry risk. Size accordingly.
#SNX #SNXUSDT #Short #Volatile #Trading
