$SYN /USDT – Brutal Dump, But Relief Bounce Starting? 🚨
Current Price: $0.2495 (-15.96%)
$SYN saw a heavy sell-off today but has now bounced slightly from the local low of $0.2444. Could this be a dead cat bounce or the start of recovery?
📊 Trade Setup:
Entry Zone: $0.2480 – $0.2510
TP1: $0.2580
TP2: $0.2660
TP3: $0.2740
Stop Loss: $0.2430
📌 Key Levels:
Support: $0.2444
Resistance: $0.2700
📉 Market Insight:
After a sharp 16% drop, some buyers are stepping in at support. The trend remains bearish on higher timeframes unless it reclaims $0.2700 convincingly.
💡 Pro Tip:
Scalpers can aim for quick plays off the bounce, but caution—no confirmation of reversal yet. Watch 15m structure closely.
Can SYN flip the pain into a profit play or will bears press harder? Eyes on volume next!
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