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Technical analysis by Sahrin about Symbol SNX: Sell recommendation (3/8/2025)

https://sahmeto.com/message/3300257
Sahrin
Sahrin
Rank: 4458
1.8
Sell،Technical،Sahrin

The price is trading in the lower half of the Bollinger Bands, suggesting weakness.Support Levels: Around $0.85 - $0.90 (Recent lows)Resistance Levels: Around $1.00 - $1.10 (Bollinger mid-band & psychological level)Bearish Bias: The price remains below the moving average and in the lower Bollinger Band range.Potential Reversal: If price breaks above $1.00 with increasing volume, it could signal an uptrend reversal.Synthetix Network Token Faces Rejection at Mid-Band – Bear Trend Intact

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$0.89943
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