$SNX has shifted structure on the daily timeframe, breaking out from a prolonged downtrend and printing strong expansion candles with rising volume.....................

The reclaim of the 0.35 region confirms a higher high after forming a solid base near 0.246, signaling a potential trend reversal rather than a short-term bounce..............

As long as price holds above the breakout zone, continuation toward higher resistance levels remains favored.............

Trade Setup (LONG)

Entry: 0.355 – 0.372

Target 1: 0.410

Target 2: 0.469

Target 3: 0.529

Stop Loss: 0.332

SNX
SNX
0.379
+8.90%