SNXUSDT on the Brink: Will It Break Out or Break Down?

Oct 31

Yello, Paradisers! 🧐 Is SNXUSDT gearing up for its next big move? Let’s dive into what’s happening.

💎Currently, SNXUSDT is consolidating under a critical resistance and support zone, adhering to a resistance trendline while hinting at a bullish divergence. This setup has all the ingredients of an impending shift—but which way will it go?

💎If SNXUSDT breaks out above the resistance trendline and the resistance zone, this would significantly boost the odds of a bullish surge. Such a move would attract momentum traders and could trigger a wave of buying pressure.

💎If the price retraces, a bounce from the support zone is a possibility. However, to increase confidence in a bullish rebound, we’ll need to see a bullish I-CHoCH (internal change of character) on lower timeframes. This would signal buyers stepping in with renewed strength.

💎On the flip side, if SNXUSDT breaks down and closes candle below the support zone, this would invalidate our bullish outlook. Such a move would indicate weakening buyer interest and could shift momentum to the downside.

🎖 Stay sharp, Paradisers! The market often tests our patience, and disciplined observation can make the difference between profit and loss. Consistent success comes from waiting for high-probability setups and executing with precision. Trade smart and stay prepared for all scenarios.

MyCryptoParadise
iFeel the success🌴

Nov 11

Trade closed: target reached

💎Bingo! #SNXUSDT is dancing to our tune, up 34.66% just like we predicted.

💎We can secure some profits at this level and move our stop-loss to break-even (BE), transforming this trade into a risk-free setup. This strategy ensures we protect our capital while remaining in the game for potential upside.