$SYN

Synapse (SYN) is showing some promising signs. Let's break it down ¹:

- *Current Price*: SYN is currently trading at $0.248 USD, with a 3.14% decrease in the past 24 hours.

- *Market Performance*: Over the last week, SYN has fallen by 29.63%, but its month-long performance shows a 64.67% increase.

- *Technical Analysis*: Indicators suggest a neutral signal, with moving averages and oscillators pointing towards a sell signal.

- *Bullish Patterns*: Some traders see a classic bullish setup, contingent on Bitcoin maintaining its strength, with potential price targets at $1.50-$1.75 and $2.75.

- *Resistance Levels*: Strong resistance ahead at $1.75 and $1.89, which need to be broken for SYN to retest $1.97.

Some traders also predict

- *Inverse Head-and-Shoulders Pattern*: A potential downward move first, followed by an upward move to form the right shoulder.

- *Ascending Triangle*: A breakout from this pattern occurred recently, signaling a potential bullish move.

Keep in mind that cryptocurrency markets are highly volatile, and it's essential to study all available stats before making a decision.