#SNXUSDT Tracking Final Leg of Downtrend or Reversal Setup
$SNX USDT remains in a #downtrend despite breaking its trendline, with price action still dipping. The current focus is on the potential completion of Wave 5, targeting the projected re-accumulation zone but this setup only activates if $0.548 support breaks.
If this level holds, a rebound could drive price toward the upside targets already outlined. On the flip side, a sudden breakout above $0.96 would invalidate the drop scenario entirely.
What’s your take on this structure? Drop your thoughts below
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