🔴 $SNXX Major Bearish Alert ⚠️
A $21.704K long liquidation at $13.63 signals aggressive leveraged-bull unwinding and fresh short-term selling pressure. The $13.63 level is now the critical pivot.
💰 Entry Zone: $13.55–$13.70 on rejection
🎯 Targets: $13.30 → $13.00 → $12.70
🛑 Stop Loss: Above $13.95
📍 Support: $13.30–$13.00
📍 Resistance: $13.63–$13.95
If SNXX fails to reclaim $13.63, sellers may target $13.30 first and $13.00 next. A decisive breakdown below $13.00 could extend the decline toward $12.70, while reclaiming $13.95 would weaken the bearish setup and could trigger a relief bounce.
Strength Rating: ⭐⭐⭐⭐⭐ (5/5 Bearish) — A $21.704K long liquidation represents significant leverage being flushed and keeps downside volatility elevated around $13.63
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