$SNX has experienced a significant decline of 5.162% in the past 24 hours.

The price fluctuated between 0.678 and 0.625, with current support at 0.625 and resistance at 0.664.

The downtrend suggests weak momentum, and macroeconomic headwinds could exacerbate this.

Bollinger Bands indicate volatility, with prices hovering near the lower band at 0.6287.

Currently, Bitcoin's influence appears undefined, leading to more isolated movements in SNX.

Traders might consider a short-term approach given the high volatility.

Key takeaway: Monitor macroeconomic shifts closely, as they could shift the trend unexpectedly.