$SNX USDT Technical Analysis: Bullish Momentum Continues

Current Price: $3.14 (up 10.77% in the last 24 hours)

Trend: Bullish momentum with increasing buying interest

Key Levels:

Support: $2.813 (recent low)

Resistance: $3.211 (recent high)

Indicators:

RSI: Below overbought levels, signaling room for further gains.

MACD: Positive, indicating rising buying pressure.

Volume: Elevated, suggesting strong market participation and a potential continuation of the uptrend.

Trade Signal:

Entry Point: Consider buying at $3.14 or on a pullback to $3.00, provided support is confirmed.

Target Levels:

1. $3.40 (immediate resistance)

2. $3.60 (next key resistance)

3. $3.85 (psychological resistance based on past trends)

Stop Loss: Place a stop loss below $2.80 to limit downside risk.

Momentum and Strategy:

SNX is exhibiting strong bullish momentum supported by rising volume, making it a favorable setup for further gains. However, monitor closely for any retracements or #2024withBinance #Share1BNBDaily $SNX