Synthetix token soars 6%, but watch for bear repulse at the descending trendline

Synthetix token extended weekly gains on Tuesday by adding another 6%
The token trades below a descending trendline
Bears may attempt to force a correction if buyers weaken at $2.0
Synthetix token price (SNX/USD) initiated an accelerated recovery on Tuesday, jumping by an intraday of 6%. The token’s value has now increased by double digits in the past week. The recovery happens from the November lows of $1.57. The cryptocurrency was trading at $1.91 as of press time. Is it too early to mak