SNXUSDT | 2H | Chart Link 🗺 Market Situation We got another AMD… — CAN

CAN | Crypto Analysis@CryptoANalysis_CAN · 12.2K subscribers Open in TelegramOpen

Forwarded fromCACAN PREMIUM INSIGHTS

#SNXUSDT | 2H | Chart Link

Market Situation

We got another AMD (Accumulation, Manipulation & Distribution) pattern with the manipulation pattern just about to finish.

Outlook

Once price breaks free from the manipulation phase, the distribution phase CAN provide us with nice scalping opportunities.

Key Level

Current price level is suppressed by strong resistance: manipulation zone + descending trendline.
The safest approach is to wait for price to breakout first and once MSB happens (Market Structure Break), only then jump onto distribution phase in pullback with proper risk.

t.me/CryptoANalysis_CAN/12723