$SNX
/USDT OVERHEATED BULLISH SURGE 🚀 | RSI NEAR EXTREME, EXPECT POSSIBLE COOL-OFF
📈 Current Price: $0.694 (+2.21%)
📊 Trend Bias: Bullish, But Overextended
🧭 Indicators:
MACD: +0.001 (Positive but Flattening)
RSI(6): 85.90 (Overbought – Risk of Pullback)
EMA Alignment: EMA(7) ➡️ 0.689 > EMA(25) ➡️ 0.683 > EMA(99) ➡️ 0.681
🔥 Clean bullish structure, but caution advised due to RSI heat.
---
🔑 Key Levels:
🔼 Resistance: $0.697, $0.699, $0.705
🔽 Support: $0.689, $0.685, $0.678
---
🚀 LONG TRADE SETUP (High Risk)
📍 Entry: $0.690 – $0.692 (on slight dip/retest)
🎯 Targets (TP):
TP1: $0.697
TP2: $0.705
TP3: $0.715
🛑 Stop Loss (SL): $0.683 (Below EMA25)
---
⚠️ Risk Management:
Due to overheated RSI, risk max 1–1.5%. Watch for fakeouts. Tight SL + consider partial exits at each TP level. Protect capital first! 🧯📉
#SNXUSDT #CryptoTrading #OverboughtAlert #EMAStack #SmartEntries #BlackRockETHPurchase #CUDISBinanceTGE #Write2Earn $SNX
