Technical analysis by ArtificialIntelligenceAlgo about Symbol SNX: Sell recommendation (19 hour ago)

Pair: SNXUSDT.P BINANCE:SNXUSDT Algo: https://algoai.store Timeframe: 1H Strategy: Follow-through short on first confirmed AlgoAI short signal Thesis I’m trading with the trend shift, not guessing tops. Once AlgoAI fires a short on the 1-hour and the candle closes, I’ll look to join momentum on follow-through. I’ll only take the trade if price structure confirms (lower high or break/retest) and there’s at least 1.5–2.0R on the setup after placing a sane stop. Trigger & Entry Trigger: First 1H close that prints an AlgoAI Short (from algoai.store ). Entry: Preferred: Break & retest of the short-signal bar’s low; enter on rejection. Alternative: Market entry on the next candle open if spread/volatility is reasonable. Invalidation / Stop Choose the one that best fits your plan: Swing-based: Above the most recent lower high made before/at signal. ATR-based: Stop = entry + 1.2–1.5 × ATR(14, 1H) to account for SNX volatility. Signal-based: If AlgoAI flips back to long on 1H, close the short—no questions asked. Targets (scale-out) T1: 1.0R (move stop to breakeven if hit) T2: 2.0R T3 (runner): Trail above 1H lower highs or trail with 1.0× ATR Optional confluence targets: prior demand zones, 1H VWAP deviation bands, or daily pivot S1/S2. Trade Management Checklist 1H candle closed with AlgoAI short ✅ Lower-high or retest rejection confirms structure ✅ Room to at least 1.5–2.0R after stop placement ✅ No major news/earnings/listings in the next few hours ✅ Position size set for <1–2% account risk ✅ Extra Confluence (nice to have) 1H 50/200 EMA acting as resistance RSI failing to reclaim 50 after a bounce Volume expansion on the breakdown, lighter on pullback Alerts Set an alert on your AlgoAI script: Condition: AlgoAI — Short Signal (1H) Options: Once per bar close Message: “SNX 1H AlgoAI SHORT – wait for retest or next-bar entry per plan.” Notes & Risk This is a rules-based momentum short—no hero top-catching. If price immediately reclaims the signal candle’s high and holds above it, I’m out. As always, this is not financial advice; do your own research and risk management. #SNX #Crypto #AlgoAI #TrendFollowing #PriceAction #RiskFirst #TradingView