SNX price has growth prospects for at least x2-x3. Where to buy?

16 Mar 2023

Last week, buyers of SNX were very active and managed to organize a +70% increase.
This is a good result, but they still failed to break through the trend line that has been stretching since the beginning of 2021 and consolidating price above it.
(If you narrow the chart, you will see the entire trading history of SNXUSDT)

And although it was not possible to break above the trend line, this maneuver indicates that we need to monitor SNX more carefully.

If you asked us where it is safe to buy SNX in your medium or long-term investment portfolio, we would answer:

• if the SNXUSDT price does not fall below $2.20 in the coming days/weeks, it is a strong long.
  
• Or wait for SNX buyers to break through the upward trend line and gain a foothold above $3.15
  

The choice is yours)
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