【$SNXX Signal】Go long | 1H MACD golden cross opening + deep bid support

$SNXX The funding rate spikes to 0.239%, and long positions’ cost is high, but Bid/Ask depth at 1.91 shows solid support below. The 1H MACD golden cross keeps spreading; short-term resistance sits near the upper Bollinger band at 24.0, and volume has not shown signs of weakening.
🎯Direction: Go long
⚡Entry/limit orders: 23.729 - 23.800
🛑Stop loss: 23.562
🚀Target 1: 24.157
🚀Target 2: 24.335
🛡️Trade management:
- Execution strategy: After reaching Target 1, cut positions by 50% and move the stop loss up to break-even. If price falls back to the entry zone, automatically exit to protect principal.
- Depth logic: Abnormally high funding rates often hint at a potential squeeze, but going long requires caution about funding costs. Current 1H RSI at 57.1 is not overheated; the MACD histogram continues expanding. A pullback to around 23.7 was supported by deep funds, making the short-term long risk/reward still acceptable.
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