$SYRUP /USDT.
š SYRUP/USDT Trade Setup ā Intraday (Short-Term)
Current Price: $0.3913
24h Range: Low $0.3649 ā High $0.4166
Volume: Strong ā $33.51M USDT | SYRUP volume rising
MA Data:
MA60 (15m): $0.4015 (overhead resistance)
MA5/MA10: Trending higher (bullish slope)
š¢ Potential Long Setup
ā Entry Criteria:
Reclaim and close above $0.3940ā$0.3980 zone (breaking into prior resistance band)
Volume > MA(10) (currently 115K, so look for >130K on breakout)
Watch for bullish continuation candle + RSI > 55
šÆ Targets:
TP1: $0.4020 (test MA60)
TP2: $0.4100
TP3: $0.4160+ (24h high, strong resistance)
š Stop-Loss:
Below $0.3840
Or tighter SL below $0.3875 for aggressive scalps
š“ Short Setup (Only if rejection occurs)
If SYRUP gets rejected again below MA60:
Entry Criteria:
Price fails to break $0.3980 and prints bearish candle near resistance
Volume dries up + MA5 turns down below MA10
šÆ Targets:
TP1: $0.3840
TP2: $0.3740
TP3: $0.3650 (24h low, strong support)
š Stop-Loss:
Above $0.4020
š Additional Notes:
Price is currently below MA60, so bulls need a reclaim above ~$0.4015 to confirm momentum.
If BTC shows strength, SYRUP could follow quickly due to strong DeFi rotation volumes.
Let me know if you want live updates or a more detailed 1H/4H analysis.
#MerlinTradingCompetition #MarketPullback #DinnerWithTrump #Write2Earn! #Syrup