SNX Ready For a Potential Correction? Synthetix Analysis

Updated
💎Paradisers, focus on SNX/USDT! It's currently oscillating within a defined trading zone and is gearing up for a potential downward shift.

💎If this breakout materializes as anticipated, brace yourselves for a rapid corrective phase.

💎The dual confirmed order blocks on the shorter time frame are worth noticing. These areas are likely landing spots for the SNX, given the liquidity concentrated there.

💎Looking back at historical movements, we observed a shift from demand to supply, leading to a notable decline in Synthetix Price and zeroing in on the prior Order Block (OB).

💎In the fast-paced world of crypto, staying alert and adaptable is of the essence. Keep your charts up-to-date and stay tuned for more insights!
Trade closed: target reached
🌴SNX Free Signal update🌴
💎All targets for #SNX / USDT have been successfully met🍾

💎Profit generated: 22.66%📈
💎Duration: 17 Days, 1 Hour, and 15 Minutes⏰
cryptocryptoanalysiscryptosignalscryptotradercryptotradingFundamental AnalysisTechnical IndicatorsmycryptoparadiseSNXSNXUSDTsynthetixTrend Analysis

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