🟢 $SNX Short Liquidation: $6.9992K at $0.415 💥
Shorts flushed again as Synthetix pushed through resistance — squeeze pressure increasing.
🚀 #SNX Trade Structure
🔵 Bullish Continuation Setup (Post-Squeeze)
📌 Entry: 0.412 – 0.420
🛑 SL: 0.398
🎯 TP1: 0.438
🎯 TP2: 0.462
🎯 TP3: 0.490
💡 Logic: Holding above 0.415 = strength. Consecutive short liquidations often fuel continuation legs.
🔴 Rejection / Pullback Setup
📌 Entry: 0.440 – 0.455 (if upper wick + slowdown)
🛑 SL: 0.472
🎯 TP1: 0.405
🎯 TP2: 0.382
🎯 TP3: 0.360
💡 Logic: If volume drops after squeeze, price may retrace to rebalance liquidity.
⚡ Key Pivot: 0.415
Above = bullish bias
Below = squeeze fading → correction risk
Want a high-leverage scalp structure (5–15m TF) for quick intraday targets? 🔥
SNX
0.437
+14.09%