SNX/USDT In the crucial Area. It required for Break out or Down

💎 SNX has indeed garnered significant attention in the market due to its remarkable uptrend. Having broken out of the descending channel, SNX has demonstrated a substantial upward trajectory post-breakout.

💎 Currently, SNX is in a phase of consolidation within the supply zone, and it faces a critical juncture where it must surpass the resistance level; failing to do so may result in a retracement to the support area to gather momentum for another upward push. Should SNX manage to breach the supply level at $2.56 and sustain a close above it, it would confirm the bullish intent, potentially propelling SNX toward our projected target in the major supply zone.

💎 Conversely, in a less favorable scenario, if SNX retraces to the support zone without showing signs of a bullish rejection or a bounce, it could indicate vulnerability at this level. A breakdown or loss of support could precipitate a return to the strong demand area, signaling a bearish shift in momentum for SNX.

Trade chiuso: obiettivo raggiunto:

Nailed it again - #SNX is up 25.18%, right on cue!"