📈 Analysis and forecast for $SYN : is it time to exit? 🚀
As of May 26, 2025, 22:11 EEST, the rate$SYN on Binance is $0.2358, with a 10% increase over the last 24 hours. The trading volume for the day is $15.63M, and the market capitalization is $142.12M (with a circulating supply of 197.80M SYN). The increase is related to interest in Synapse as a cross-chain protocol and positive market sentiment.
Technically, $SYN shows a bullish trend. On the 4-hour chart, the price is above the 50-day moving average ($0.22), and the RSI (14) at 62 indicates sustained momentum, but the overbought zone is close. Key levels: support — $0.22, resistance — $0.25. A breakout at $0.25 could raise the price to $0.38, but a drop below $0.22 would increase pressure to $0.19.
Forecast: by the end of May, SYN could reach $0.38 if volume is maintained. By July 2025, a correction to $0.19 is likely due to overbought conditions, but with positive news, a rise to $0.55 is possible by the end of the year. The long-term target for 2026 is $0.98 if the market remains bullish. However, volatility and regulatory risks persist.
Is it time to exit? After a 10% rise and the current price of $0.2358, exiting is justified as it approaches $0.25–$0.38, where profits can be taken. Set a stop-loss at $0.22 for protection. For holders, the current level is risky due to overbought conditions — it's better to consider a partial exit. Stay updated on news about Synapse and trading volumes; the market is unstable! #SYN #Binance #CryptoAnalysis
