$SYRUP AT CROSSROADS: READY TO BREAK OR FADE?
$SYRUP is currently trading at $0.2405, holding just below a key resistance level after a strong 7.8% daily rally. Volume surged past 1.7M, signaling heightened interest—but price is struggling to close above immediate resistance.
Key Price Levels:
• Resistance Zone: $0.2410 – $0.2490
A confirmed breakout here could send SYRUP higher toward:
• TP1: $0.2555
• TP2: $0.2650
• Support Zone: $0.2385 – $0.2290
Losing this support range could trigger a sharp correction toward:
• TP1: $0.2210
• TP2: $0.2140
Trade Setup – Decision Point Approaching:
• Bullish Entry: Enter on breakout above $0.2410 with strong volume
• Targets: $0.2555 and $0.2650
• Stop-Loss: Below $0.2380
• Bearish Entry: Enter on breakdown below $0.2290
• Targets: $0.2210 and $0.2140
• Stop-Loss: Above $0.2410
A breakout could extend this rally—but hesitation here may invite sellers.
