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The SNX market is attracting strong buyer interest as volume surges, signaling that momentum could continue building.
$SNX /USDT - LONG
Trade Plan:
Entry: 0.2325 – 0.2355
SL: 0.2265
TP1: 0.2415
TP2: 0.2485
TP3: 0.2570
Why this setup?
SNX has gained 3.2% while trading volume has exploded by 1,958.8%, indicating a significant increase in market participation. Although the 24-hour gain is a modest 2.0%, the exceptional volume suggests buyers are accumulating and momentum is strengthening. Holding above the entry zone could open the door for a continuation toward higher resistance levels.
Debate:
Is this the beginning of a sustained breakout driven by fresh liquidity, or will SNX face resistance and retrace before the next move higher?
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