SNX/USDT Break the key level area. Confirm to continue UP ??💎 SNX has undeniably captured the market's attention with its breakout from the supply area, a feat it has achieved after several attempts. This breakout is typically followed by a retest phase, and it's likely that SNX will enter such a phase at the demand level of $2.53, which previously acted as a supply zone.
💎 There is a strong chance that SNX will rebound from this level, the probability it towards our target supply zones with considerable upward momentum.
💎 However, should SNX fail to hold the demand area during the retest and breach below it, the scenario could turn bearish. The next critical demand level to watch would be $2.175. A bounce from this lower level is essential for SNX to maintain its bullish posture and attempt to reclaim the $2.53 level. Failure to hold the $2.175 level could signal a bearish shift, potentially sending SNX back to its foundational support levels.
