$SNX

/USDT - Bullish Breakout Opportunity (4H Chart)

Market Structure Analysis

SNX has established strong support at 0.577 and is now building momentum near the 0.627 resistance zone. The formation of higher lows, coupled with increasing volume, suggests strong accumulation and a high-probability breakout setup.

Trade Setup

🎯 Long Trigger: Confirmed breakout above 0.627 (with volume surge)
✅ Take-Profit Targets:

TP1: 0.655 (Initial resistance)

TP2: 0.685 (Next liquidity zone)

TP3: 0.720 (Major swing high & psychological level)

❌ Stop Loss: 0.595 (Below recent swing low for safety)

Risk Management Rules

🔒 Strict 1-2% risk per trade

📈 Entry only on confirmed breakout (wait for candle close above 0.627)

🔄 Trail stop after TP1 to secure profits

⚡ Avoid FOMO entries - patience is key

Key Observations

📈 Bullish structure intact with higher lows

📊 Rising volume signals strong buyer interest

💥 Break above 0.627 could trigger rapid upside momentum

⚠️ Note: False breakouts are possible - always wait for confirmation with strong volume and follow-through buying.

📌 Trade smart - let the market confirm your thesis!
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