SNX/USDT is presenting a bullish continuation setup after a clean pullback and breakout above short-term resistance, supported by strong momentum.
📈 Trade Details
Entry: $0.83113 (Fib retracement zone)
Stop Loss: $0.82109 (below recent structure support)
Take Profit: $0.85119 (targeting upper resistance)
Risk/Reward: ~1:2 — favorable for trend continuation
📊 Technical Confluence
✅ EMA OK: Price is trading above fast EMAs
✅ HTF EMA OK: Higher timeframe trend confirms bullish momentum
✅ RSI OK: RSI supports strength in the move
✅ MACD OK: MACD confirms upward bias
✅ Volume OK: Healthy buying interest detected
📈 Trade Details
Entry: $0.83113 (Fib retracement zone)
Stop Loss: $0.82109 (below recent structure support)
Take Profit: $0.85119 (targeting upper resistance)
Risk/Reward: ~1:2 — favorable for trend continuation
📊 Technical Confluence
✅ EMA OK: Price is trading above fast EMAs
✅ HTF EMA OK: Higher timeframe trend confirms bullish momentum
✅ RSI OK: RSI supports strength in the move
✅ MACD OK: MACD confirms upward bias
✅ Volume OK: Healthy buying interest detected
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.