$SNX Depeg Drama, Bounce Opportunity?

$SNX just posted a solid 7% bounce from the $0.48 zone, riding up to $0.60 after reclaiming key support. With sUSD facing a depeg, volatility is high risk and reward equally amplified.

🎯 Potential Setup: • Entry: Above $0.605 with confirmation

• TP1: $0.635

• TP2: $0.655

• Stop Loss: $0.582

Insight:

Price action has quickly reversed from its lows, but market sentiment is still sensitive due to the sUSD warning. A cautious breakout trade could pay, but tight risk control is essential. Watch volume closely fakeouts are possible under stress.