đĽ $SNX ALERT: DeFi Powerhouse Regaining Momentum! đđ
Synthetix is back in the spotlight! After a strong 14% surge recently, the chart is showing a strategic shift back to the Ethereum mainnet with its new perpetual DEX.
đ Quick Technical Update:
⢠Current Price: Trading around $0.312 with a neutral-to-bullish short-term outlook.
⢠Bullish Signal: On the 4H chart, ($SNX) is holding above the 50-day moving average, suggesting a strong short-term trend.
⢠Target Levels: Bulls are eyeing a reclaim of the $0.345 resistance; a breakout here could lead to $0.40+.
⢠Support Floor: Strong buying interest is visible at $0.30 - $0.307.
đĄ Trade Setup Idea:
⢠Long Entry: $0.300 â $0.310 zone.
⢠Targets: $0.328 (TP1), $0.345 (TP2), $0.380 (Moon Target).
⢠Stop Loss: $0.289 (Always protect your capital!).
HIT THE FOLLOW BUTTON NOW! â Don't miss the next ($SNX) breakout! đđ
#SNX #Synthetix #Binance #cryptotrading #altcoins
