$SYRUP IN FREEFALL – CAN BUYERS HOLD THE LINE OR WILL SELL-OFF DEEPEN?
$SYRUP is trading at $0.3246, down sharply by -13.92% after failing to hold key support levels. The price has now entered a high-risk zone near its daily low, while sellers continue to dominate. A decisive move is expected soon—either a bounce or another leg down.
Key Levels to Watch:
• Resistance Zone: $0.3330 – $0.3400
This zone is critical for any recovery attempt. A strong breakout could spark a short-term reversal.
• Support Zone: $0.3220 – $0.3240
A breakdown below this may lead to a fresh wave of selling pressure.
Trade Setup – Breakdown or Reversal Incoming:
Bullish Setup (If Reclaim Happens):
A push above $0.3330 could trigger short-term upside with targets:
• TP1: $0.3400
• TP2: $0.3480
Bearish Setup (If Breakdown Continues):
Losing $0.3220 support may lead to further downside:
• TP1: $0.3160
• TP2: $0.3080
Stop-Loss Placement:
• Long: SL below $0.3220
• Short: SL above $0.3400
88.17K SYRUP traded—moderate volume, but momentum still leans bearish.