🚀 $SNX /USDT Analysis – BULLISH SETUP OR BREAKOUT OPPORTUNITY! 🔥

The SNX/USDT pair is currently trading at $1.549, showing strong bullish momentum as it tests key resistance levels. With a breakout above, the price could experience significant upward momentum.

📊 Market Structure Overview:

Support Levels: $1.493 | $1.418 | $1.377

Resistance Levels: $1.551 | $1.624 | $1.675

SNX is trading above the EMA 50, confirming a bullish trend. A breakout above $1.551 could trigger a rally toward higher targets.

📉 Trade Setup (Long):

Entry Point: $1.560

Take Profit (TP 1): $1.600

Take Profit (TP 2): $1.650

Take Profit (TP 3): $1.700

Stop Loss (SL): $1.500

📈 Trade Setup (Short):

Entry Point: $1.493

Take Profit (TP 1): $1.450

Take Profit (TP 2): $1.420

Stop Loss (SL): $1.560

📌 Outlook:

SNX/USDT is consolidating near the $1.551 resistance level. If it breaks above with strong volume, the next target could be $1.624 or higher. However, if resistance holds, the price may retrace toward $1.493 or lower support levels. Watch for volume spikes and candlestick patterns to confirm the next move.

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