$SYRUP DEFI - RECOVERY MODE ACTIVATED!
SYRUP/USDT at $0.4817 (+0.15%) showing consolidation after sharp recovery from lows. DeFi token establishing higher lows with balanced order book dynamics.
Technical Overview
24H Range: $0.4676 - $0.5000
Volume: 18.69M USDT
Key Levels & Zones
Resistance Levels
Immediate: $0.4850 (Previous rejection zone)
Major: $0.4950 (24H high retest)
Target: $0.5000 (Psychological breakout level)
Support Levels
Current: $0.4792 (Active support)
Strong: $0.4750 (Consolidation floor)
Critical: $0.4700 (Recovery low protection)
Trade Strategies
Bullish Setup (Breakout Above $0.4850)
Entry: Confirmed move above $0.4850 with volume
Target 1: $0.4950 (+2.8%)
Target 2: $0.5100 (+5.9%)
Target 3: $0.5200 (+7.9%)
Stop Loss: $0.4740 (Risk: 1.6%)
Bearish Setup (Support Break)
Entry: Break below $0.4750 with selling pressure
Target 1: $0.4700 (-2.4%)
Target 2: $0.4650 (-3.5%)
Stop Loss: $0.4870 (Risk: 1.1%)
Medium (Balanced but volatile DeFi environment)3-5% allocation with breakout confirmation strategy