$SYRUP retraced -1.43%, but is holding $0.435 support, showing buyer strength 💎
Watching $0.460 resistance — breakout could push SYRUP toward $0.480–$0.495! 🚀
💎 Trade Setup:
📍 Entry: $0.435 – $0.442
🎯 Targets: $0.460 / $0.480 / $0.495
🛑 Stop: $0.428
⚙️ Why This Setup Works
Support Holds at $0.430–$0.435 — buyers defending key level.
Higher Lows Forming — bullish structure on the 4H chart.
Volume Steady — confirms liquidity and accumulation.
Resistance Breakout Potential — $0.460 key; candle close above signals continuation.
This is a retracement + bounce setup, ideal for traders seeking low-risk entry near support.
🧠 Market Context $SYRUP
SYRUP is retracing after a minor pullback of -1.43%, testing the $0.430–$0.435 support zone, which has previously been defended.
The 4H chart shows higher lows forming, signaling that buyers are gradually accumulating near support. A successful rebound above $0.460 resistance could trigger a short-term rally toward $0.480–$0.495. Volume is steady, supporting potential continuation.
🧭 Trade Plan
If SYRUP holds above $0.435: Expect recovery toward $0.460–$0.480.
If price closes below $0.428: Exit — support failed, setup invalid.
Add position on breakout: Candle close above $0.460 with volume signals target $0.495.
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