Technical analysis by Risk_Adj_Return about Symbol SNX: Buy recommendation (7/21/2025)

SNX/USDT | Long | Synthetic Derivatives Rebound with DAO-Driven Growth | (July 2025) 1️⃣ Short Insight Summary SNX is showing signs of strength again with Perps V2 expanding and DAO governance maturing. With inflation removed and rewards now tied to protocol fees, real usage is starting to reflect in price. Recent gains and strong structure suggest a possible continuation. 2️⃣ Trade Parameters Bias: Long Entry: Current zone around $0.75–$0.77 Stop Loss: $0.43 (structural invalidation, below consolidation) TP1: $0.91 TP2: $1.15–$1.18 TP3: $1.35 TP Final: $2.00+ (longer-term if synthetic derivatives adoption continues) Partial Exits: At each level to reduce risk and lock in profits 3️⃣ Key Notes ✅ SNX recently gained ~17% in a week on growing DeFi activity and interest in leveraged synthetics ✅ No more inflation — staking rewards now come from real usage, making SNX more sustainable ✅ DAO governance has matured with Spartan Council and Perps V2 rollout, making the project more nimble ❌ Synthetic derivatives are complex—new users may struggle with onboarding ❌ Regulatory risk remains around derivative products and stable synthetic assets ❌ Reliance on oracle performance means smart-contract integrity is critical 4️⃣ Optional Follow-up Note Watching for a clean breakout above $0.91. If volume confirms, I’ll consider adjusting targets upward and reviewing the setup again. Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.