$SNX /BTC SHOWING STRONG BULLISH MOMENTUM – LONG ENTRY OPPORTUNITY AHEAD
$SNX /BTC has broken out from recent consolidation with an 87.99% surge in volume, confirming bullish momentum. The price has held above key support at 0.00001539 and is currently pushing past resistance at 0.00001628. The next immediate resistance lies at 0.00001681 and 0.00001723.
Technical Indicators:
EMA crossover confirms upside momentum
MACD is bullish, showing increasing buying pressure
Bollinger Bands expanding, indicating volatility with upward bias
RSI remains strong but not overbought, allowing more upside
Support Zone: 0.00001539 - 0.00001600
LONG ENTRY: On a confirmed retest of 0.00001628
TP1: 0.00001681
TP2: 0.00001723
SL: 0.00001530
Risk Management: Risk 1-2% of capital per trade. Use stop-loss strictly to manage volatility.
#SNX #CryptoTrading #BitcoinPair #TechnicalAnalysis #DeFiTrades
