Technical analysis by CryptoAnalystSignal about Symbol SNX: Buy recommendation (5/13/2025)

#SNXThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.827.We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.We are looking for stability above the 100 moving average.Entry price: 0.880First target: 0.900Second target: 0.943Third target: 0.977