$SNX

/USDT Technical Analysis and Trade Signal🎯🎯💯💯

Current Price: $2.17

Trend: Bullish (upward momentum, +8.14% in 24 hours)

Technical Indicators:

1. RSI (Relative Strength Index): Slightly above 60, indicating potential for continued bullish momentum but approaching overbought territory.

2. MACD: Positive crossover, confirming bullish short-term momentum.

3. Support Level: $1.96 (strong support at 24h low)

4. Resistance Level: $2.22 (recent high)

Trade Signal:

Buy Signal: Enter the trade at current price levels around $2.17.

Stop Loss: Set stop loss at $2.00 to limit potential downside risk.

Target Levels 🎯:

1. Target 1: $2.28 – Key resistance level near recent highs.

2. Target 2: $2.35 – Extended bullish momentum.

3. Target 3: $2.50 – A higher target if upward momentum strengthens.

Trade Momentum:

The market shows strong bullish momentum with recent price action and technical indicators suggesting a continuation of the uptrend. Watch out for any price correction near $2.00 for potential entry points in the short term.

Keep an eye on any major market news or changes in sentiment, as these could influence the trade.

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