$SYRUP /USDT BEARISH DUMP — SHORT-TERM SUPPORT JUST GOT VIOLATED!
$SYRUP has broken down sharply to $0.4186 (-7.02%), losing grip after multiple failed attempts near the $0.4700 zone. The consistent lower highs followed by a steep decline indicate sellers are fully in control, pushing the price below previous consolidation support around $0.4300.
Trade Setup: (Short Setup)
Entry Zone: $0.4220 – $0.4280
Take Profit (TP): $0.4000
Stop Loss (SL): $0.4370
Market Outlook:
The sharp rejection from the highs combined with increased bearish volume suggests further downside is likely unless a strong recovery closes above $0.4400. Avoid longs until structure shifts.
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