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MyCryptoParadise_Simon
Mar 12, 2024 7:29 PM

SNX/USDT in a Position for Exponential Rally? 👀🚀SNX Analysis Long

SNX / TetherUSBinance

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💎Paradisers, gear up for a thrilling ride with #SNXUSDT! It's currently spotlighting a support zone, suggesting a bright bullish trajectory lies ahead.

💎Lately, tracing an ascending channel, #Synthetix is on a climb. Now, it's amassing momentum for a bullish leap from the $3.86 support zone, with ambitions to breach key resistance barriers.

💎If the bullish fervor persists, we foresee NYSE:SNX taking on the $4.9 resistance zone. Breaking through this barrier may set the stage for tackling even loftier resistance tiers.

💎Conversely, if #SNX meets resistance and momentum wanes, a bullish revival from the $3.05 support level could become pivotal. Dropping below this threshold might usher in a significant downturn.
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