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#SNX Channel Support Test🔍
Synthetix is testing the lower border of the descending channel pattern on the weekly time frame👨💻
The technical setup favors bullish positioning, with support holding strong at current levels💁♂️
A bounce could propel the price toward targets at $0.55, $0.80, $1.30, $1.80, $2.55, $3.70, $5.30 and $7.40🎯