$SNX Bulls Reawakening — Reversal in Progress?
$SNX just bounced off the $0.624 support zone and is now grinding higher near $0.638, posting a modest +1.92% gain. After getting slapped down at $0.665, price found its footing around $0.621—and now, things are getting interesting.
Key Developments:
Short-Term Bottom Formed: $0.621 held strong, setting the stage for a potential comeback.
Higher Lows Building: Hourly chart shows bulls quietly stacking pressure.
Critical Level to Watch: A clean move above $0.645 could spark a retest of the $0.660–$0.665 resistance zone.
But here’s the flip side:
If $0.630 breaks down, sellers may jump back in, dragging price lower again.
Trade Radar:
Breakout Entry: Above $0.645 (with volume confirmation)
Upside Target: $0.660–$0.665 zone
Caution: Guard your long positions if $0.630 fails
Momentum is building—but bulls need to push now or risk losing steam.
Buy and trade here → $SNX