$SNX /USDT BEARISH BREAKDOWN 🔻 – SHORT SETUP IN PLAY

📉 Current Price: $0.552

The market has shown a clear rejection from recent highs and is trending downward, indicating bearish momentum building up.

🔑 Key Technical Levels:

📍 Resistance Zones:

$0.575 – Major 1D resistance & prior rejection point

$0.561 – Minor resistance on 1H chart

📍 Support Zones:

$0.547 – Immediate support

$0.530 – Strong 4H support zone and potential bounce area

📊 Trade Setup – SHORT

💥 Entry: $0.553 - $0.557 (ideal entry on a minor pullback)

🎯 Targets (TP):

TP1: $0.547

TP2: $0.538

TP3: $0.530

🛑 Stop Loss (SL): $0.563 (above minor resistance)

⚠️ Risk Management Tip:

Use 1-2% max of your capital per trade. Stick to SL and TP. Always wait for candle confirmation before entering. 💼📉

📌 Trend: Bearish

📌 Bias: Short until $0.530 support is tested

🔥 Stay sharp, trade smart! 🔥

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