$SNX (Synthetix) has shown an impressive growth of 35% in the last 24 hours, stabilizing at $1,321. Trading volumes are rapidly increasing, indicating heightened interest from investors. Technically, the coin has broken through local resistance around $1.25, opening the way to the next key zone — $1.45–1.55.
📈 Bullish scenario:
If the price $SNX holds above $1.30 and shows consolidation, one can consider entering in the range of $1.31–1.33.
• TP1: $1.45
• TP2: $1.55
• SL: $1.28 (≈2–3%)
After reaching the first target — move the stop to breakeven.
📉 Bearish scenario:
If it falls below $1.28, a correction to $1.18–1.20 is possible.
Here there may be a chance for a re-entry upon confirmation of support.
• TP: $1.28
• SL: $1.16 (≈3–4%)
⚙️ Recommendation:
Use a small % of the deposit for the trade, control the risk and monitor the volume dynamics. SNX is traditionally volatile, so it's important to maintain discipline and watch the movement of BTC.
💬 Share your forecasts in the comments regarding $SNX !
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