【$SNX Signal】Pullback to add long + 1H level retest for accumulation, clear signs of main force supporting the market

$SNX The 1H level is oscillating near a critical support zone (0.303-0.306) for accumulation. The price has fallen from the 4H high, but open interest (OI) remains stable, indicating that main force is not distributing. The current negative funding rate (-0.0715%) combined with the price holding firm suggests potential for a short squeeze. The 1H RSI is approaching oversold territory (39.99), providing technical space for a rebound.

🎯Direction: Long (Long)

⚡Entry/Order: 0.303 - 0.306

🛑Stop Loss: 0.295

🚀Target 1: 0.318

🚀Target 2: 0.328

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price (0.303). The remaining position will follow a trailing stop to aim for Target 2. If the price cannot hold above 0.310, consider exiting early.

(Depth Logic: Market depth shows buy orders (Bids) are stacked significantly thicker than sell orders (Asks), with a depth imbalance of 44.30%. The support in the 0.30-0.303 area is strong below. Despite the decline, OI remains stable, and combined with the negative funding rate, it appears more like a long leverage washout rather than a trend reversal. The 1H EMA20 (0.3136) acts as initial resistance; a breakout above it could open upward space toward the previous 4H high. )

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