$SNX /USDT – Bullish Momentum Building, Testing Recent Highs

$SNX is currently trading at $0.919, showing a positive trend and approaching its 24-hour high of $0.930. The price action suggests increasing buying pressure and a potential breakout attempt.

Trade Setup (Watching for Breakout):

Potential Support Zone: $0.910 - $0.915

Key Resistance: $0.930 - $0.935

Bullish Scenario:

Entry (Long): Break above $0.935 with significant volume

Target 1: $0.945

Target 2: $0.955+

Stop Loss (Long): Below $0.905

Bearish Scenario:

Entry (Short): Rejection at $0.930 with increasing selling volume, break below $0.910

Target 1: $0.900

Target 2: $0.890

Stop Loss (Short): Above $0.935

SNX/USDT is showing promising bullish momentum. Keep a close eye on the $0.930 - $0.935 resistance zone. A strong break above this level could lead to further upside. Conversely, a rejection at this point could lead to a pullback. Monitor volume for confirmation of either scenario.

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