Joontree

Beware, SNX 4H head & shoulders potential

Short
COINBASE:SNXUSD   Synthetix
Completing this head & shoulders on the 4H and flushing down is seeming more and more likely for SNX as it continues to show weakness relative to almost every other name in the DeFi space. Bull volume needs to show up soon for this scenario not to play out. Upper $16's to mid $17's are a must hold zone for the uptrend to remain intact.
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