
As traders and investors, we need to be adaptable, and a few things we need to bear in mind.
The market leaders have made their way off the mark, and the alts are beginning to follow suit.
We are using the March/April sell-off of 2022 as a reference for where we are in the market, in terms of the "follow the leader" stance of what BTC is doing and how the rest of the market will follow.
ETH is now approaching this, and SOL is on its way, so playing this domino effect, it's likely the alts will follow suit and start to leave their mark.

With this, if we take a look at SNX, it may be lining up for a great spot play.
Looking at where it is in reference to the March/April sell-off and the potential 90% gain you can get from this. The 4.2 level is the point we are looking at for our LOI, but a spot buy even now will see an upside.
If this level does get flipped to support, we could look to maybe be more aggressive with a leveraged play.
If the market retraces the formation of support on LOI we will look to potentially find a more aggressive entry with stops if the market shows us clarity.
Be careful with leverage, as we don't really have any price action to sell out from.
We are going to be looking for these long-term big swings heading into this pop in the market.
Leveraged technical plays will come around; we just have to be patient. There are ways we can capitalize, build, and compound capital.
Spot players; get in at the LOI. You decide the approach.
LOI’s (Levels of Interest)
It is a nice little opportunity here to ride a move to the upside. Everyone needs to start thinking big picture now, be a bit looser, be dynamic, and still, of course, be focused.
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