Crypto Patel

Analysis for SNX/USDT (1H): $SNX

-Trend Shift: Price is transitioning from a downtrend to an uptrend on lower timeframes (LTF), currently trading above the 200 EMA.

- Structural Pattern: The price is forming Higher Highs (HHs) and Higher Lows (HLs), while respecting a trendline as support.

Trade Plan:

Entry Point: Consider a long entry upon the breakout of the $4.16 level.

Expected Gains: Anticipate a 10-15% increase from the entry point.

Targets:

- First Target: $4.40

- Second Target: $4.78

Stop Loss (SL): Place a stop loss at $3.88 to manage risk.

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