Apr. 30 at 4:27 PM
$SMX POTENTIAL REVERSAL SETUP?
After ripping to
$19 earlier this month, SMX went through a full reset and based around
$1.50–
$1.55 with clear signs of accumulation + higher lows forming.
📊 Key Levels:
▫️ Support:
$1.50–
$1.55
▫️ Trigger:
$1.91 (key reclaim)
▫️ Resistance:
$2.25 -
$3.40
🎯 Break
$1.91 = opens the door to
$2+ fast
2.8M float and moves LIGHT with momentum. We’ve already seen
$8 -
$19 in days… this name can move QUICK.
If volume returns, this setup can flip fast. Keep SMX on high watch.
Communicated - Disclaimer:
https://fh.bio/jcoop
Sector Peers:
$IBM $ORCL $SAP $ACN
