TrendChannel

$SYRUP in Freefall – Watch This Support Zone Closely
$SYRUP is trading at $0.4345, down over 8% today and firmly locked within a steep descending channel. The price action remains weak, printing consistent lower highs and lower lows. However, it’s now approaching the bottom of the channel, where short-term buyers may attempt a bounce. A rejection here could spark further downside, while a bullish breakout above the upper boundary would signal a reversal.

Trade Setup (Reversal Play):
• Entry Zone: $0.4320 – $0.4360
• Stop Loss: $0.4260
• TP1: $0.4480
• TP2: $0.4590
• TP3: $0.4720

#SYRUP #CryptoUpdate #TrendChannel #ReversalSignal #AltcoinTrade

$SUI Trading Signal – Channel Retest in Progress


Analysis:
$SUI is moving within an ascending channel, recently bouncing off the lower trendline near $4.400. The price is attempting to stabilize above $4.500, signaling potential continuation within the channel.

Bullish Scenario: A sustained hold above $4.500 could trigger a move toward the midline resistance at $5.000, with potential for $5.500 if momentum strengthens.

Bearish Scenario: A break below $4.400 would invalidate the channel, leading to further downside risk toward $4.200.

Action and Advice:
Traders should consider entries near $4.500, targeting $5.000 and $5.500. Use a stop loss below $4.400 to mitigate risk if the channel breaks. Monitor volume for breakout confirmation.

#CryptoTrading #ReboundOutlook #CryptoETFNextWave #SUIUSDT #TrendChannel