🚦 $SNX / USDT – Short Trade Setup 🛑
🔻 Bearish Reversal Alert:
After spiking to $0.79, $SNX is showing exhaustion. Sellers are stepping in, and rejection candles are forming. If bulls fail to reclaim control above resistance, a pullback toward lower support zones is likely.
📊 Trade Setup (Short):
• Entry Zone: $0.740 – $0.750
• Take Profit 1: $0.729
• Take Profit 2: $0.680
• Take Profit 3: $0.660
• Stop Loss: $0.790
🔎 Market Outlook:
Momentum is cooling after the vertical breakout, with volume tapering near resistance. Bears dominate as long as $SNX trades below $0.76–$0.79. A clean break under $0.729 could accelerate the drop to $0.68 and $0.66. Bulls regain control only above $0.79 with strong volume.