Synthetix (SNX) has seen a 9.3% decline in price over the last 24 hours, marked by profit-taking and weak buying pressure, which dropped below the previous week’s low of 1.32 USD.
Trading volume has decreased by 30%, affected by an Amazon Web Services outage, raising liquidity concerns. Key indicators suggest SNX must defend the 1.00 USD to 1.20 USD demand zone for any hopeful recovery.
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