SYRUP/USDT – Technical Chart Update (8H Timeframe)
$SYRUP is trading inside a clean ascending channel, showing a bullish structure with higher highs and higher lows.
Key Levels to Watch:
Support: $0.51
Resistance Targets: $0.70 → $0.80+
Exit Level: Bearish if price breaks below $0.51
Current Setup:
Price is respecting the lower trendline of the channel. A bounce here could lead to another leg up toward resistance.
Strategy:
Bullish bias as long as SYRUP holds above $0.51
Ideal zone to look for buy opportunities on dips
Exit or hedge if price closes below $0.51
Important Note:
If #SYRUP holds the $0.51 support, it could soon enter the $1 club 🚀
But if it drops below $0.50, we may see a 30–50% retracement.
So always watch the chart closely before entering any trades.
