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$SNXX Up 18.35% in 24h to 3.74, with trading volume hitting 431 million—the volume behind this rally has pushed the sentiment gauge to 82 (Fear & Greed Index). Funding rates have likely been squeezed above +0.05% by longs. Historical extremes sit around 85–90, and we’re now one step from the danger zone.
The 24h low was 3.10 and the high was 3.82, a 23% range—typical of a short squeeze followed by momentum-chasing buyers piling in. My approach: don’t chase the current price; place bids at 3.55–3.60 to catch a pullback, allocate only 20% of the position, and set a hard stop at 3.38 (if it breaks the previous low structure, admit you were wrong). First take-profit target: 3.95; second: 4.20, exiting in stages. If funding turns negative tomorrow while the price holds above 3.50, that confirms a sentiment reversal.
Don’t go all in when sentiment is at 82 degrees; keep some powder dry and wait for things to cool down. I’m watching only funding rates and price-volume divergence. Before copy-trading on the plaza, check your own stop-loss discipline.
Sentiment reversal = best entry #每周来晒 #Gate广场中秋团圆局