📈LONG: $SNX (3D)
#SNXUSDT | #SNX | #SynthetixNetwork
Analysis:
Synthetix (SNXUSDT) hit a new all-time low after breaking its December 2022 bottom, forming a falling wedge. This pattern can signal a reversal, suggesting potential bullish action. A reversal could give rise to an impressive 222% gain.
Price Targets:
The first significant target to watch is $0.980, reflecting a potential 68.81% increase. If bullish momentum continues, the next target is $3.246, aligning with the projected 227.98% surge. Keep an eye on these levels for potential profit-taking opportunities.$SNX #DYOR