$SNX Long Liquidation Alert! 🚨

A massive $38.36K long position was liquidated at a price of $2.028! The market just got a major shake-up, and this could signal further volatility for $SNX. Let's break it down and see what comes next!

What’s Happening?

Liquidation of such a big position at $2.028 shows how quickly the market can turn.

A lot of traders were betting on $SNX rising, but this liquidation is a clear reminder of the risks in volatile markets.

What’s Next for $SNX?

Current Price: Watch for a bounce or break below $2.00. If $SNX drops under this level, we could see further downside, targeting $1.80 or lower.

Resistance: $2.10 to $2.20 is key. If the price can push past this, it could signal a rebound.

🔥Buy Zone: Look for a potential entry around $1.95 - $2.00. If the price holds above $2.00, it might be a good buying opportunity.

🎯Target: A quick upside target is around $2.10 to $2.20. If can break above this, aim for $2.50 as the next level of resistance.

🚨Stop Loss: Set a stop loss below $1.90 to protect your position from further downside.

Conclusion: Volatility is high, so trade carefully! Watch the $2.00 support and $2.10 resistance levels closely. If you're entering the market, make sure you manage your risk with tight stop losses. Stay updated, and always trade with caution!

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