SNX MARKET ANALYSIS
Synthetix (
SNX) is currently trading inside the descending channel. Price has touched its support price and swept liquidation. So, we might have great chance to long it for upcoming weeks with low leverage or spot holding.
Targets could be 1.50, 2.10, 3.20, 5.20 for long term holding with Stoploss below 0.85.
SNX) is currently trading inside the descending channel. Price has touched its support price and swept liquidation. So, we might have great chance to long it for upcoming weeks with low leverage or spot holding.Targets could be 1.50, 2.10, 3.20, 5.20 for long term holding with Stoploss below 0.85.
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