tg-l

SNX: Breakout above $7.50 could see doubling to next resistance

Long
Disclosure: I am a long-view SNX HODLer. This is not financial advice. This is simply my opinion and how I apply it to my own assets.

1 April 2022- My views on the current bullish SNX action: As SNX has blasted more than 100% up from its recent lows, it has now established $7 as its potential support level and it is nearing the next SUPER IMPORTANT resistance level at $7.50.

Volume has been good, ever increasing. The project and platform finally has firm footing, momentum and is firing on all cylinders. And if SNX rises above this $7.50 level, I see the next major resistance as double from here! DOUBLE! 100% from here! Take a look at the chart.

If you like this idea, please check out my other ideas on SNX for more information on the token, the project and how to earn high APY on SNX the easy way.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.