$SNX ā BULLISH CHART SETUP 7-month descending trendline broken, followed by a successful daily backtest.
š Current: $0.2559
š¹ Retest zone around $0.20 held strong, with price reclaiming the broken trendline
šŗ The February $0.45 high created a key resistance line that rejected price multiple times before the September breakout
š Market Cap: ~$146M
š DeFi Perps category
š Still ~99% below the $28 ATH
š Similar technical structure to $UNI before its +33% move ā long-term resistance broken near the base, with a potential path toward $1.00.
šÆ Target: $1.004
š”ļø Stop-Loss: -20%
š Potential upside: ~+505%
Breakout + successful backtest = a setup worth watching closely.
#SNX #DeFi #CryptoTrading #TechnicalAnalysis
ā ļø Personal market view only. Not financial advice or a recommendation to buy/sell. Crypto is highly risky. DYOR and manage your own risk. No coin promotion.
$SNX š
š Current: $0.2559
š¹ Retest zone around $0.20 held strong, with price reclaiming the broken trendline
šŗ The February $0.45 high created a key resistance line that rejected price multiple times before the September breakout
š Market Cap: ~$146M
š DeFi Perps category
š Still ~99% below the $28 ATH
š Similar technical structure to $UNI before its +33% move ā long-term resistance broken near the base, with a potential path toward $1.00.
šÆ Target: $1.004
š”ļø Stop-Loss: -20%
š Potential upside: ~+505%
Breakout + successful backtest = a setup worth watching closely.
#SNX #DeFi #CryptoTrading #TechnicalAnalysis
ā ļø Personal market view only. Not financial advice or a recommendation to buy/sell. Crypto is highly risky. DYOR and manage your own risk. No coin promotion.
$SNX š
