🚀
$SNX preparation for expansion
pressure is increasing under resistance, and the structure is leaning towards the upward direction as buyers continue to defend the dips.
🟢 Trading idea: Buy
$SNX Entry: Current consolidation area
🎯 Targets:
• 0.46
• 0.48
• 0.50
🛑 Stop loss: 0.42
📊 Why is the trend bullish?
• Consistent higher lows indicate accumulation
• Strong rebound from the main demand zone
• Increased volume in upward moves
• Weak resistance after multiple tests
Momentum favors continuation as long as the structure holds.
If the breakout is confirmed with volume, bullish trends can accelerate quickly.
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