$SNX Long Liquidation: Bulls Crushed at $2.013 with $1.1627K Wiped Out!

The battle in $SNX has taken a harsh turn as long traders face a $1,162.7 liquidation at $2.013! This liquidation signals mounting selling pressure, leaving bulls reeling as the bears tighten their grip. The question now is: Will snx hold the line, or break further?

$SNX Key Stats:

🔸 Liquidation Volume: $1.1627K (Longs)

🔸 Current Price: $2.013

🔸 24h Volume: Increasing as the market reacts to heightened volatility.

🔸 Trend Analysis: Bearish sentiment escalating post-liquidation.

What to Watch:

1️⃣ Bearish Momentum: The liquidation highlights bears dominating the price action.

2️⃣ Key Support Level: $2.00 is now a critical psychological barrier—if breached, more downside could follow.

3️⃣ Reversal Potential? Oversold conditions may trigger a bounce, so keep an eye on the RSI and volume spikes.

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