Apr. 21 at 2:59 PM
$SMX Setup With Gaps Overhead 📊
Recent business updates and upcoming catalysts around partnerships, commercialization, and broader adoption could help drive renewed interest
Technical View:
🔹 Higher lows forming = early bullish structure
🔹 Price compressing beneath multi touch resistance
🔹 Volume starting to expand on upside moves
Key Levels to Watch:
🎯
$6.03 to
$5.65 strong support base
🎯
$6.92 to
$7.20 breakout trigger zone
🎯
$7.94 next resistance level
🎯
$8.94 major breakout and momentum confirmation
Gap Analysis:
🧩 Multiple upside gaps remain unfilled above current price
🧩 First gap sits in the
$7 to
$9 range
🧩 Larger gap zone extends toward the
$11 to
$12 area
Gaps like these often act as magnets once momentum builds, especially on low float names
If execution follows, this has the potential to create shareholder value and shift the current downtrend into a reversal setup
Communicated Disclaimer: https://tinyurl.com/TherealshortsqueezySMX
Sector Peers:
$CTSH $VRNT $DSGX
