levels to manage SNOW between now and year-endSnowflake, Inc.BATS:SNOWKhanhC.HoangWyckoff Analysis Current Phase: Phase D Transition within a Macro Accumulation Structure. Major Price Structures: SNOW printed a multi-month trading range (TR) between $118.30 and $155.00. The flush to $118.30 in early spring maps perfectly as a Phase C Terminal Shakeout / Spring, extracting remaining weak-hand liquidity. The subsequent multi-week rally through $152.00 and the recent violent gap past $165.00 represent a structural Change of Character (CHoCH) and an initial Sign of Strength (SOS). Price is now testing the overhead creek ($174.00–$175.50). Price-Volume Relationship: Volume expanded heavily on the push through $155.00 and $165.00, proving aggressive institutional demand and short covering (Composite Operator inventory absorption). Pullbacks have dried up completely on volume, indicating a localized absence of floating supply. Most Probable Next Move: A brief consolidation/minor backup (LPS) around the $165.00–$170.00 area to absorb the March supply block, followed by an aggressive expansion through the 200-day EMA toward $192.00.