🚀 $SNX Testing Key Levels — Bulls Trying to Hold the Line!

Current Price: $1.244

Change (24h): -4.38%

Intraday High: $1.317

Intraday Low: $1.227

⚡ Market Snapshot

$SNX saw a pullback of over 4% today after facing strong resistance near $1.31. The token slipped to a low of $1.22, where buyers quickly stepped in to absorb the pressure. Despite the dip, is holding above its intraday base, hinting at a possible stabilization phase.

Volume remains moderate at 11.55M SNX, showing that traders are cautious but still active. Momentum indicators are flattening, suggesting could be preparing for its next short-term move — either a rebound or a retest of the lows.

🔍 What’s Driving the Move

Profit-taking after a quick rally toward $1.31.

Market rotation within DeFi tokens, causing short-term pressure.

Technical reset after overbought conditions on lower timeframes.

🧭 Key Levels

Support: $1.23 and $1.20

Resistance: $1.26 and $1.31

📊 Trend Overview

snx is currently in a neutral-to-bearish short-term trend. The token is consolidating between $1.22–$1.26, with sellers dominating near resistance zones. However, holding above $1.23 could attract dip-buyers aiming for a bounce toward $1.27–$1.30.

💡 Trade Idea

If SNX holds above $1.23, it may offer a buy setup for a short-term rebound toward $1.27 and possibly $1.31.

However, if price breaks below $1.22, expect further downside momentum toward $1.18–$1.15.

🟢 Trade Setup: BUY (Rebound Play)

The token is near a solid support zone, and small bullish candles hint that buyers are slowly stepping back in. A close above $1.25 can confirm a short-term recovery move.

🔥 SNX is standing at a decisive point! If buyers defend support, a swift bounce could follow. Stay alert — this DeFi giant might turn green again soon! Let’s go SNX! 💪🚀