$SYRUP ON THE EDGE – BREAKOUT OR BREAKDOWN AHEAD?
$SYRUP is trading at $0.2354, cooling off slightly after a strong +64% daily rally. Price is consolidating near a key decision point, with both bullish continuation and bearish pullback scenarios possible.
Key Levels to Watch:
• Resistance: $0.2405 – A breakout above this level could trigger a move toward $0.2480 and $0.2560.
• Support: $0.2330 – A breakdown below this could lead to a dip toward $0.2265 and $0.2190.
Trade Setup – Prepare for Volatility:
Bullish Scenario:
• Entry: Above $0.2405 (confirmed breakout)
• Target 1: $0.2480
• Target 2: $0.2560
• Stop-Loss: Below $0.2330
Bearish Scenario:
• Entry: Below $0.2330 (confirmed breakdown)
• Target 1: $0.2265
• Target 2: $0.2190
• Stop-Loss: Above $0.2405
Watch closely—volume spikes and price action around these zones will signal the next explosive move.