
$SNXX DROPPED 15% — REVERSAL INCOMING!
Trading Plan Long $SNXX
Entry: 10.8 – 10.9
SL: 10.7
TP1: 11.1
TP2: 11.5
TP3: 12.2
The asset has fallen from 12.7 to 10.8 — a 15% decline. The RSI reading at 10 suggests the asset is deeply oversold. Volume is moderate but beginning to taper off, suggesting that sellers are losing conviction. The 1-hour chart shows a steady decline with lower lows, but the momentum is slowing down significantly. This region has historically attracted buyers, and support levels tend to hold until there's a significant shift in market structure. If buyers defend this zone, the next upside targets are 11.1 and 11.5, with deeper liquidity resting at 12.2 — a 12% upside from entry. The stop is placed tight at 10.7, below the recent low.
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