SNXUSDT Tracking Final Leg of Downtrend or Reversal Setup

SNXUSDT remains in a downtrend despite breaking its trendline, with price action still dipping. The current focus is on the potential completion of Wave 5, targeting the projected re-accumulation zone but this setup only activates if $0.548 support breaks.

If this level holds, a rebound could drive price toward the upside targets already outlined. On the flip side, a sudden breakout above $0.96 would invalidate the drop scenario entirely.

What’s your take on this structure? Drop your thoughts below