MyCryptoParadise

SNX/USDT bullish horizons from Demand Zone? ๐Ÿ‘€๐Ÿš€ SNX Analysis

Long
BINANCE:SNXUSDT   SNX / TetherUS
๐Ÿ’Ž Paradisers, letโ€™s zoom in on #SNXUSDT as itโ€™s exhibiting a pivotal market behavior. SNX is currently nestled in a demand zone, poised for another assault on a key resistance area.

๐Ÿ’Ž #SNX recently faced a setback at the resistance level of $4.964. Presently, it's regaining strength in the demand zone. If it can maintain this upward momentum, we could see an ambitious push towards the significant resistance level at $6.006.

๐Ÿ’Ž Nonetheless, navigating the unpredictable crypto market demands flexibility in strategy. If #SNX struggles to keep above the $3.806 demand level, a strategic rethink may be required.

๐Ÿ’ŽThis scenario might see us anticipating a bullish recovery from a lower support at $3.227. Importantly, if SNX slips below this crucial support, it could be a harbinger of a bearish trend.

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