That 0.1093 rejection on $SYN /USDT is getting interesting.
$SYN
— SHORT 📉
Entry: 0.10878–0.10982
SL: 0.12622
TP1: 0.09661
TP2: 0.08815
TP3: 0.07546
The 4H structure still leans bearish, while the daily chart looks more like a range than a full breakdown.
15M RSI is around 61.8, so momentum is elevated but not necessarily in breakout territory.
The key level for me is 0.1200. If price pushes above and holds there, the short thesis starts losing its edge.
So the real question is simple:
Are we seeing another rejection from the range high, or is $SYN finally preparing to break higher?
Trade carefully and manage the invalidation level.
$SYN
— SHORT 📉
Entry: 0.10878–0.10982
SL: 0.12622
TP1: 0.09661
TP2: 0.08815
TP3: 0.07546
The 4H structure still leans bearish, while the daily chart looks more like a range than a full breakdown.
15M RSI is around 61.8, so momentum is elevated but not necessarily in breakout territory.
The key level for me is 0.1200. If price pushes above and holds there, the short thesis starts losing its edge.
So the real question is simple:
Are we seeing another rejection from the range high, or is $SYN finally preparing to break higher?
Trade carefully and manage the invalidation level.