$SNX
BULLISH MOMENTUM ANALYSIS🔥💯
$SNX is showing strong bullish momentum after a sharp surge of over 90% in 24 hours. The breakout above the $1.60 resistance confirms a potential trend reversal, supported by increasing trading volume and solid buyer control. The 4H structure indicates sustained higher lows, signaling continuation toward the next key resistance zones.
Technical Outlook:
Trend: Bullish continuation after breakout
Momentum: RSI remains in bullish territory
Volume: Strong accumulation phase confirms buying strength
🎯 Targets (TP):
TP1: $1.95
TP2: $2.20
TP3: $2.45
🛡 Stop Loss (SL):
SL: $1.55
Risk Management:
Use 2–3% of your trading capital per position. Maintain at least a 1:2 risk-to-reward ratio to secure profits while protecting capital.