SNXUSDT Bouncing from Channel Support

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SNXUSDT Technical analysis update

SNXUSDT has been trading inside a clear descending channel for the last 1700 days. Recently, the price touched the lower support of the channel and is now showing signs of a bounce.

If the current momentum continues, SNX could move upward toward the upper resistance of the channel. A breakout above the upper trendline would be a strong bullish signal. Until then, the price may stay within the channel.
Price could move 100%-250% in a few months.

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