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🚀 $SNXX /USDT
🟢 Trend: Bullish (High Risk) 📈
Why? $SNXX has rebounded from the 24h low (8.76) to the current price (9.19), gaining +0.43 USDT (+4.91%). However, it is still trading 3.80 USDT (-29.25%) below the 24h high (12.99), suggesting the market is attempting to stabilize after a sharp correction.
🎯 Entry: 9.00–9.30 USDT (Buy on Pullback)
🔴 SL: 8.60 USDT
🎯 TP1: 10.20 USDT
🎯 TP2: 11.50 USDT
🎯 TP3: 12.90 USDT
📊 Technical Analysis: The 1H chart shows strong selling pressure following rejection near 13.70, with price now consolidating around the 9.00 support zone. The current structure suggests buyers are defending this area. A breakout above 10.20 USDT with rising volume could confirm a bullish recovery toward 11.50–12.90 USDT. As long as 8.60 USDT remains intact, the recovery scenario stays valid. A breakdown below this level would increase the probability of another bearish continuation.
#SNXX #SNXXETF #Crypto #BinanceSquare #Trading #TechnicalAnalysis #Perpetual
🟢 Trend: Bullish (High Risk) 📈
Why? $SNXX has rebounded from the 24h low (8.76) to the current price (9.19), gaining +0.43 USDT (+4.91%). However, it is still trading 3.80 USDT (-29.25%) below the 24h high (12.99), suggesting the market is attempting to stabilize after a sharp correction.
🎯 Entry: 9.00–9.30 USDT (Buy on Pullback)
🔴 SL: 8.60 USDT
🎯 TP1: 10.20 USDT
🎯 TP2: 11.50 USDT
🎯 TP3: 12.90 USDT
📊 Technical Analysis: The 1H chart shows strong selling pressure following rejection near 13.70, with price now consolidating around the 9.00 support zone. The current structure suggests buyers are defending this area. A breakout above 10.20 USDT with rising volume could confirm a bullish recovery toward 11.50–12.90 USDT. As long as 8.60 USDT remains intact, the recovery scenario stays valid. A breakdown below this level would increase the probability of another bearish continuation.
#SNXX #SNXXETF #Crypto #BinanceSquare #Trading #TechnicalAnalysis #Perpetual
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