$SYRUP COLLAPSING FAST CAN IT HOLD ABOVE $0.3116?
$SYRUP /USDT has plunged -16.96% in just 24h, crashing from $0.3824 to as low as $0.3116 before slightly recovering to $0.3144. Sellers dominate the order book at 68.94%, and momentum is sharply tilted to the downside.
Trade Breakdown:
Trend: Strong bearish reversal
Support Zones: $0.3116 (critical), $0.2920, $0.2590
Resistance Levels: $0.3260, $0.3450
Order Flow: 31.06% buy vs. 68.94% sell
Short Trade Setup:
Entry Zone: $0.3160 – $0.3220
TP1: $0.2920
TP2: $0.2590
TP3: $0.2330
Stop-Loss: Above $0.3260
Quick Take: $SYRUP is under heavy distribution. If $0.3116 breaks, the next leg down could unfold quickly. Caution is key no bullish reversal confirmed yet.