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【$SNX Signal】Long | Volume and Price Rise Together to Break Out of Consolidation
$SNX After a volume-driven rally, the price breaks through short-term consolidation, indicating sustained buying interest. Following a healthy reset, the trend is expected to continue.
🎯 Direction: Long
🎯 Entry: 0.390 - 0.395
🛑 Stop Loss: 0.375 ( Rigid Stop Loss )
🚀 Target 1: 0.420
🚀 Target 2: 0.440
$SNX After breaking through a key resistance level, accompanied by a significant volume increase of 14.31M and a simultaneous rise in open interest, this is a typical signal of institutional entry rather than a short squeeze. The price did not experience large-scale profit-taking after the push, indicating market sentiment favors holding. The quick absorption of LTF pullbacks shows solid support below. The current structure provides a mathematical basis for a higher probability upward path.
Trade here 👇 $SNX
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