The post SNX Could Be Poised for Breakout After Trendline Rebound As Synthetix Prepares Q4 2025 Ethereum Perpetual DEX appeared com. SNX has bounced from a $0. 62$0. 63 ascending trendline and is testing the 50-day SMA near $0. 68; rising volume and market-cap recovery support a short-term bullish case as Synthetix prepares a Q4 2025 Ethereum mainnet perpetual DEX launch with a $1M trading competition. SNX respected long-term trendline support and reversed sharply, reclaiming key moving averages. Trading volume and market-cap recovery point to renewed buying interest ahead of the Synthetix DEX launch. Synthetix plans a Q4 2025 Ethereum perpetual DEX with a $1M October trading competition; gasless trading and multi-collateral margin are core features. SNX price rebounds from $0. 62 support, tests 50-day SMA near $0. 68watch for breakout as Synthetix readies its Ethereum perpetual DEX; learn how traders can prepare. What is driving SNXs rebound and current price action? SNX price rallied after bouncing off an ascending trendline at $0. 62$0. 63, reclaiming near-term moving averages amid rising volume. Short-term momentum is building as traders price in Synthetixs Q4 2025 Ethereum perpetual DEX launch and an associated $1M trading incentive. How have technical indicators shaped the recent move? SNX briefly pierced the trendline support on a false breakdown, then reversed to close above it a classic seller-trap pattern. The token reached $0. 729 before settling near $0. 673, trading just below the 50-day SMA ($0. 681) and aligned with the 9-day EMA ($0. 672). Rising volume confirms that buyers, not only short-covering, are driving the bounce. ‘, ‘ Advanced Trading Tools Await You! Maximize your potential. Join now and start trading! ‘, ‘ Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document. getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage. getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math. floor(Math. random * adscodesBitget. length) : sessperindex; adplace. innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget. length 1 ? 0 :.
