đš SNX IS SHOWING STRENGTH! đđ
SNX has broken above its recent downtrend and is showing a stronger market structure.
đ THE SETUP
Buyers are currently trying to hold the key level around $1.69. If this area continues to hold, the next resistance zones could come into focus.
đŻ KEY LEVELS
Resistance: $1.98
Next Resistance: $2.37
Key Level: $1.69
Support: $1.49
Major Support: $0.97
A rejection from resistance could bring a pullback, so confirmation and risk management remain important.
đŹ WHAT'S YOUR VIEW?
đą BULLISH đ
đĄ SIDEWAYS đ€
đŽ BEARISH đ»
Drop your thoughts below! đ
#SNX #Synthetix #Crypto #Altcoins #MarketUpdate #ShanCryptoPlus
SNX has broken above its recent downtrend and is showing a stronger market structure.
đ THE SETUP
Buyers are currently trying to hold the key level around $1.69. If this area continues to hold, the next resistance zones could come into focus.
đŻ KEY LEVELS
Resistance: $1.98
Next Resistance: $2.37
Key Level: $1.69
Support: $1.49
Major Support: $0.97
A rejection from resistance could bring a pullback, so confirmation and risk management remain important.
đŹ WHAT'S YOUR VIEW?
đą BULLISH đ
đĄ SIDEWAYS đ€
đŽ BEARISH đ»
Drop your thoughts below! đ
#SNX #Synthetix #Crypto #Altcoins #MarketUpdate #ShanCryptoPlus