🚨$SNX has lost short-term bullish momentum after failing to sustain above the $1.16 resistance. The price is now showing weakness near the 15m–1h structure, suggesting an impending correction if $1.10 breaks. Bears are gradually regaining control, and a push below support could trigger accelerated downside movement.
🔹Trade Setup
Entry Zone: $1.14 – $1.16
Take Profit 1: $1.10
Take Profit 2: $1.06
Take Profit 3: $1.00
Stop Loss: $1.18
📊Market Outlook:
Momentum has turned mildly negative as SNX struggles to reclaim higher highs. A close below $1.10 could confirm a short-term trend reversal toward deeper supports. RSI and volume flow hint at exhaustion from buyers — watch for breakdown confirmation before continuation.
buy and trade here on $SNX