SNX/USDT bullish scenario? πŸ‘€ πŸš€ Synthetix Today Analysis

πŸ’Ž Paradisers,heads up! A thrilling opportunity is emerging with #SNXUSDT as it is currently positioned in a demand zone and is gearing up for a bullish trajectory.

πŸ’Ž After a prolonged period, SNX has regained bullish momentum, steadfastly holding strong support at $1.884. It is highly probable that the price will mitigate above supply, achieving our target -1 in this process.

πŸ’Ž Upon meticulous examination of Synthetix, we've noticed a previous shift where demand turned into supply, leading to a substantial downward movement in its price. Above, there is a major supply zone, and we anticipate the price will mitigate that level shortly.

πŸ’Ž If you're contemplating trading, ensure to employ a proper stop loss and trade with prudence. Stay tuned for more insightful analyses!

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