【$SNX Signal】Long | 1H Breakout Consolidation, Capital Inflow Supports Price

$SNX The 1H timeframe consolidates within the 0.299-0.302 range, then on the latest 1H candle, volume tests the 0.303 high with strong buying depth. The 4H timeframe has closed bullish for several candles, staying above the EMA20(0.289), forming a short-term uptrend. Open interest remains stable, and price rises while positions do not decrease, indicating bullish control. Currently, the 1H RSI(68) is healthy, not overbought, with further upward momentum.

🎯Direction: Long (Long)

🎯Entry/Order: 0.301 - 0.302 (Reason: Breakout confirmation of the 1H consolidation upper boundary)

🛑Stop Loss: 0.295 (Reason: Break below 4H EMA20 support and recent consolidation low)

🚀Target 1: 0.310 (Reason: Previous high resistance and integer level)

🚀Target 2: 0.318 (Reason: 4H previous high and 1.618 Fibonacci extension level)

🛡️Trade Management:

- Position Size: Light (Reason: Overall trend is still in rebound phase, not a main upward wave)

- Execution Strategy: After price reaches 0.310, reduce position by 50% and move stop loss to entry price 0.302. Hold remaining position for the second target; if the price pulls back to 0.302 without breaking below, continue holding; otherwise, exit all.

Depth Logic: Market depth shows large buy orders accumulated below 0.299, forming a solid support wall. Sell orders are sparse between 0.30-0.302, making resistance breakout easier. The 1H EMA20(0.2947) has crossed above EMA50(0.2895), forming a golden cross, indicating a short-term bullish alignment. Funding rate(0.0017%) is very low, with no rollover risk. Market logic suggests “price rising, main players entering or shorts being squeezed,” and stable open interest confirms main players are supporting the price rather than retail FOMO, indicating high-quality upward movement.

Trade here 👇 $SNX

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包