$SNX is currently trading near the upper Bollinger Band at 0.564.
This proximity suggests a potential overextension, hinting at a possible pullback.
Support at 0.545 remains crucial; a close below this level could trigger bearish sentiment.
Resistance at 0.567 needs to hold for bullish continuation.
Volatility appears to be contracting, indicating a tightening range that could precede a breakout.
Consider setting a stop-loss below 0.545 to manage risks.
Recommended action: wait for a clearer trend signal or set alerts for breakout levels.
