Potential 1:5 RR, awaiting for the catalyst to see a proper revaluation to the upside, synthetix futures contracts would be a decent catalyst, then with a bit more time, just by having half of the trading volume that bitmex has, will be another good way to compare the minimum success needed to be holded for long term.
Short term success will be the futures...
Whether we look at the big triangle or the smaller one separated by the horizontal one, SNX is getting ready to break out. Current price has already get above the pivot and MA 200 that could pose as resistance. So the possibility of the breakout is higher. However, the RSI isn't that supporting yet since it kinda form a divergence. So, depending on the overall...
