SNXUSDT has demonstrated significant bullish momentum, breaking out of a consolidation phase with a remarkable +26.08% surge on October 19, 2025. This move pushed the price to a high of $1.7396, indicating strong buying pressure.
The price is currently situated above the crucial Fibonacci retracement level of 0.618 at approximately $1.9034. A successful retest and hold above this level could confirm the continuation of the uptrend. The daily Relative Strength Index (RSI) is at a healthy 59.71, suggesting there is still room for growth before the asset becomes overbought. The 4-hour chart further supports this bullish sentiment, with the RSI at 63.72 after a significant +16.09% increase in a single 4-hour candle.
Based on this analysis, a strategic entry point could be considered upon a successful retest of the support zone.
Entry Zone: $1.65 - $1.72
Stop-Loss: A close below $1.45 would invalidate this bullish outlook.
Disclaimer: This is not financial advice. The cryptocurrency market is highly volatile. Please conduct your own research before making any investment decisions.
The price is currently situated above the crucial Fibonacci retracement level of 0.618 at approximately $1.9034. A successful retest and hold above this level could confirm the continuation of the uptrend. The daily Relative Strength Index (RSI) is at a healthy 59.71, suggesting there is still room for growth before the asset becomes overbought. The 4-hour chart further supports this bullish sentiment, with the RSI at 63.72 after a significant +16.09% increase in a single 4-hour candle.
Based on this analysis, a strategic entry point could be considered upon a successful retest of the support zone.
Entry Zone: $1.65 - $1.72
- Target 1: $1.90 (Fibonacci 0.618)
- Target 2: $2.25 (Previous resistance area)
- Target 3: $2.81 (Fibonacci 1.618)
Stop-Loss: A close below $1.45 would invalidate this bullish outlook.
Disclaimer: This is not financial advice. The cryptocurrency market is highly volatile. Please conduct your own research before making any investment decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.