$SYRUP presents a strong buy opportunity between 0.28-0.3 as it holds firmly above all key EMAs.
The recent consolidation after breaking out suggests accumulation is underway, with the 4H chart showing consistent higher lows - a clear sign of growing demand. What makes this particularly interesting is the volume profile, showing increasing buys on dips while resistance levels get weaker.
The 0.3 level has transformed from resistance to support after multiple successful tests, creating a solid foundation for the next move up. For those looking to enter, the current range offers an ideal risk/reward setup, with initial targets at 0.35 where the next liquidity pool sits, followed by 0.4 if momentum continues building. The alignment of moving averages across timeframes confirms the bullish structure is intact. This is one of those setups where patience in the accumulation zone often gets rewarded when the next wave of buying pressure kicks in.