🚨 $SNX Key Support Test! Long Opportunity Incoming?
$SNX is showing resilience as it bounces perfectly off the 2-hour 50 EMA, a critical dynamic support level. This price action suggests buying pressure is stepping in, potentially setting up the next leg higher.
Entry: $1.060 - $1.080
Targets (TP):
Target 1: $1.15
Target 2: $1.27
Stop Loss (SL): $1.03
If this support holds, the bullish momentum could continue. Do you think Synthetix will reclaim the recent highs?
The next move is critical—smash like & follow to catch it first. 👍
Disclaimer: This is my opinion and not financial advice.