$SNX USDT is exploding right now! đ Synthetix ($SNX) just surged +23.70% to hit the last price of 0.381 USDT on perpetual futures! đ„
After a brutal downtrend that bottomed around 0.245, the chart is showing strong reversal signs: massive green candle breaking through EMAs (EMA8 @0.323, EMA13 @0.319, EMA21 @0.328), with price pushing up from the 0.291-0.351 zone. RSI(14) at 60 and climbing, RSI(6) overbought at 82 signaling momentum, while Stochastic is bullish with %K 72 / %D 62 heading higher. Volume is spiking hard with today's 24h vol over 314M SNX â buyers are stepping in aggressively!
This looks like the start of a solid bounce/recovery leg. Bullish momentum building after weeks of consolidation and decline.
Trade Forecast (Long setup):
Buy/Long $SNX USDT Now!
Entry: around current ~0.381
Take Profit: 0.450 (first target, near previous resistance) â potential +18% gains
Stop Loss: 0.340 (below recent swing low and EMAs for protection) â risk ~10-11%
Don't miss this momentum play â SNX could push higher if volume holds! Trade smart, manage risk.
Follow & turn đ on for more hot setups! â Let's catch these pumps together! đ°
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