$SYRUP STRONG GAINS BUT FACING STIFF RESISTANCE!
$SYRUP is currently trading at $0.4449, holding a +4.73% gain on the day. After a strong rally earlier, the price is now stalling just below key resistance levels. Momentum is starting to cool down, and the next candle will likely decide whether bulls can push higher or if a deeper pullback is coming.
Key Technical Levels:
• Immediate Resistance: $0.4500 – $0.4595
A breakout above this range could open the door for a retest of the 24h high at $0.4595.
• Key Support Zone: $0.4440 – $0.4400
Price is hovering just above this zone. If it fails to hold, downside pressure may increase.
• 24h Range:
• High: $0.4595
• Low: $0.4075
Trade Setup:
Bullish Setup:
• Entry: Above $0.4500 with volume confirmation
• TP1: $0.4550
• TP2: $0.4595
Bearish Setup:
• Entry: Below $0.4440
• TP1: $0.4400
• TP2: $0.4320
Stop-Loss Guidance:
• Longs: Below $0.4425
• Shorts: Above $0.4510
$SYRUP is in a critical zone. A break above $0.4500 could reignite the uptrend, while a dip below $0.4440 may trigger a short-term correction. Watch closely for volume spikes and quick rejections near resistance for clearer signals.