$SYRUP /USDT short trade signal 🚦 🛑
BEARISH SLIDE CONTINUES AS SUPPORT GETS PRESSURED! 🔻
$SYRUP has dropped by -6.43% and is now trading at $0.4134, showing persistent weakness after rejecting from the $0.4595 zone. The price action is forming a clear downtrend on the 1H chart, and the Stoch RSI remains in bearish territory, suggesting more downside if $0.4120 breaks.
Trade Setup – Short Entry
Entry Zone: $0.4130 – $0.4160
Targets:
➤ Target 1: $0.4070
➤ Target 2: $0.3985
➤ Target 3: $0.3900
Stop Loss: $0.4215
Key Levels:
Resistance: $0.4280 – $0.4440
Support Zone: $0.4122
Breakdown Trigger: Below $0.4120 confirms extended bearish wave
Market Outlook:
Sellers are dominating, and unless price can reclaim $0.4280 with strong volume, the short-term outlook remains bearish. RSI indicators also hint at weak buying momentum.
Risk Management Tip:
Stick to defined SL and consider partial profit-taking near each target. Avoid overleveraging in choppy zones.
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buy and trade here on $SYRUP
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