🚀 SYRUP Drops 1.93% to $0.3361 – Buying Opportunity?👀👀👀🔥
SYRUP price at $0.3361, down 1.93% with 15.62% volatility in 24H! Support $0.33301, resistance $0.3850. RSI oversold, SAR bearish. 💡 Scalp $0.33301–$0.38760, stop loss $0.33301. More gains or dip? What’s your take? 📊 #SYRUP
📌Insights for Traders
🧭Short-Term (Scalping/Day Trading):Entry Point: Buy on a dip to $0.33301–$0.34113 if the price holds above $0.33301 (confirm with volume and RSI rising to 30–40).
🧭Target Profit: Sell at resistance $0.3850–$0.38760.Stop Loss: $0.33301 to limit risk.Strategy: Use small timeframes (15M/1H) for scalping, capitalizing on a potential rebound from oversold.
🧭Medium-Term (Swing Trading):Wait for a confirmed breakout above $0.3850 with high volume for a long position, targeting $0.4000–$0.4500.If the price breaks below $0.33301, watch for a deeper correction to $0.3200 or $0.3000.Monitor project-specific news for additional catalysts.
🚨Risk Management:Allocate 5–10% of your portfolio for SYRUP trading due to its moderate volatility.Be cautious of further corrections, especially with RSI oversold and SAR above the price.
Will SYRUP break $0.4000, or dip to $0.3200? Share your thoughts below! 👇
DisclaimerThis analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency trading involves high risks, and prices can be highly volatile. Always conduct your own research and consider your risk tolerance before making any trading decisions.