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$SNXX SHORT WATCHLIST: 1H RETRACE INTO BEARISH SUPPLY ⚡
Entry: 14.09-14.13 ⚡
Target: 13.65 / 13.63 / 13.23 🎯
Stop Loss: 14.21 ⚠️
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$SNXX is retracing inside a 1H bearish structure, with the 14.09-14.13 zone acting as the current supply pocket. 15M entry confirmation is still incomplete, so this remains a watchlist setup, not an immediate trigger.
Targets align with 4.6R, 4.8R, and 8.8R scale-out zones: 13.65, 13.63, then 13.23, with 20% / 30% / 50% exits. A close above 14.21 invalidates the short thesis.
🤔 Would you wait for 15M confirmation or fade the next push into 14.13?
⚠️ Not financial advice. Always manage your risk. 🛡️
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#SNXX #ShortSetup #BearishStructure #Crypto 🐻 🎯