🚨 SNX IS SHOWING STRENGTH! 🚀📈
SNX has broken above its recent downtrend and is showing a stronger market structure.
📊 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.
🎯 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.
💬 WHAT'S YOUR VIEW?
🟢 BULLISH 🚀
🟡 SIDEWAYS 🤔
🔴 BEARISH 🐻
Drop your thoughts below! 👇
#SNX #Synthetix #Crypto #Altcoins #MarketUpdate #ShanCryptoPlus
SNX has broken above its recent downtrend and is showing a stronger market structure.
📊 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.
🎯 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.
💬 WHAT'S YOUR VIEW?
🟢 BULLISH 🚀
🟡 SIDEWAYS 🤔
🔴 BEARISH 🐻
Drop your thoughts below! 👇
#SNX #Synthetix #Crypto #Altcoins #MarketUpdate #ShanCryptoPlus