{"content":"I’m watching $SNX after a strong run that hit $2.57 earlier today before dropping sharply to $1.91. This kind of sell-off often happens after a big rally — traders take profits fast, and weak hands panic. But with such high trading volume ($123M+), this looks more like a healthy reset than a full breakdown. Now the price is sitting right at its 24h low, which is a critical bounce area. ⚙️ Full Trade Setup Entry Point: I’m entering between $1.90 – $1.95, where SNX is holding steady near the lower support zone. Target Points: 1️⃣ $2.15 — quick bounce zone where minor resistance may appear. 2️⃣ $2.35 — key short-term resistance from the earlier breakdown. 3️⃣ $2.55 — full rebound target if volume stays strong. Stop Loss: Below $1.85, keeping room for a small wick but staying safe from deeper downside. 💡 Why It’s Possible After a 20% drop, SNX is approaching oversold levels — buyers may soon step in. The 1.90 zone acted as a strong support before, likely to trigger a bounce again. Volume remains strong — indicating traders are still active, not exiting. RSI flattening near the bottom, showing possible bullish divergence soon. ⚡ Trade Plan If $SNX holds above $1.90, I expect a rebound toward $2.30+ as short sellers cover and buyers return. I’ll stay tight with my stop, take profits step-by-step, and let the chart guide the rest. Let’s go and trade now $SNX ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/14/e742da1e3cd445778107f95dbf81f445.jpg"],"tags":[],"tradingPairs":["SNX/USDT"],"quotearticleid":0}