SNX/USDT Breakout the Descending Channel !!! Bullish Momentum ??

Yello Paradisers, SNX Analysis: Bullish Breakout with Strong Volume

💎 SNX has successfully broken out of its descending channel pattern, backed by significant trading volume.

💎 Prior to this breakout, SNX tested a key support area twice. The first test led to a bounce and subsequent rejection at the supply level, followed by a gradual decline back to the key support.

💎 On the second test, SNX bounced strongly, leading to the breakout of the descending channel. This sets the stage for a bullish continuation for SNX.

💎 Entry Strategy: You have two options for entry. You can either enter now or wait for SNX to retest the near demand area around $2.05 following the breakout. SNX shows strong potential for further upward movement.

💎 Invalidation Scenario: This bullish outlook will be negated if SNX closes below the key support level.

Trade active:

🌴 #SNX Free Signal update 🌴
💎Target 1 #SNX/USDT have been successfully met 🍾

💎Profit generated: 16.73% 📈.
💎Duration: 1 Days 17 hours and 31 Minutes ⏰