πŸ“Š SNX moved 70% up ! Will it fall back down?

SNX

6/20/2022

SNX moved 70% up after their tweet.

And the exciting fact is that the market is still not overbought.

On a daily basis, the market isn't strong enough. Still, if we shorten the timeframe, we can see a bit of potential for moving higher.

Two scenarios are possible for this chart:

Scenario one:

The price will push straight up or use support to break the resistance to the higher resistance levels

Scenario two:

The price will stay below the resistance area, and it'll lose power to reach higher levels in the next couple of days.

The Speedometer indicator shows Buy volumes on the market for SNX on a 1D interval.

Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!

Don’t forget to join our telegram channel for premium signals.