Technical analysis by Arknex about Symbol SNX: Buy recommendation (10/19/2025)

SNXUSDT has demonstrated significant bullish momentum, breaking out of a consolidation phase with a remarkable +26.08% surge on October 19, 2025. This move pushed the price to a high of $1.7396, indicating strong buying pressure. The price is currently situated above the crucial Fibonacci retracement level of 0.618 at approximately $1.9034. A successful retest and hold above this level could confirm the continuation of the uptrend. The daily Relative Strength Index (RSI) is at a healthy 59.71, suggesting there is still room for growth before the asset becomes overbought. The 4-hour chart further supports this bullish sentiment, with the RSI at 63.72 after a significant +16.09% increase in a single 4-hour candle. Based on this analysis, a strategic entry point could be considered upon a successful retest of the support zone. Entry Zone: $1.65 - $1.72 Target 1: $1.90 (Fibonacci 0.618) Target 2: $2.25 (Previous resistance area) Target 3: $2.81 (Fibonacci 1.618) Stop-Loss: A close below $1.45 would invalidate this bullish outlook. Disclaimer: This is not financial advice. The cryptocurrency market is highly volatile. Please conduct your own research before making any investment decisions.