🚨 $SNX is starting to look like a real recovery, but it still has one major test ahead.
The recent move has been strong, OI is expanding and buyer flow has improved. The only thing I’m watching closely is crowded long positioning near resistance.
📍 Entry: $0.252 – $0.262
🛑 SL: $0.205
🎯 TP1: $0.2775
🎯 TP2: $0.297
🎯 TP3: $0.326
🎯 TP4: $0.375
🚀 Stretch: $0.45+
The level that matters now is $0.277–$0.280. A clean 4H break and hold above it would open the next expansion zone around $0.30–$0.33.
If price pulls back first, $0.243–$0.250 is the cleaner secondary entry area.
Low leverage. Small margin. Multi-week idea.
NFA. DYOR.