Arknex

Current Market View Price appears to be attempting a breakout of the channel into a new upward trend channel (marked in white/grey). On the hourly chart, momentum oscillators (RSI, MACD) show early signs of shift: RSI is climbing from oversold/neutral area; MACD lines are converging. The 4-hour and daily charts suggest the downtrend is still in place, but the breakout attempt may signal a reversal if sustained. Proposed Entry & Exit Levels Entry Zone (Buy Setup) Entry: around $0.102 – $0.106 USDT if the price successfully breaks above the upper boundary of the descending channel and closes above it. Stop-Loss (Risk Control) Stop-loss below the recent swing low and the lower channel boundary: around $0.095 – $0.098 USDT. Take-Profit Targets TP1: $0.115 – $0.118 USDT (initial target upon channel breakout) TP2: $0.125 – $0.130 USDT (next psychological level if momentum carries) TP3 (extended): $0.140 USDT or more – only if the broader trend turns bullish and volume supports.

Price stabilizing near $12.45 after pullback. RSI (1h ~49) recovering from mid-zone and MACD showing early bullish crossover with low momentum. In my opinion possible short bounce toward $12.90–13.10 if volume confirms. Importan: the break below $12.10 invalidates setup.

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.