$SYRUP
Current Price: $0.3842
24H Range: $0.3816 (Low) – $0.4400 (High)
Change (24h): -8.78% (significant bearish pressure)
Volume : 45.68M — relatively high, indicating active participation
🧠 Chart Analysis:
Trend: Downtrend (clear series of lower highs and lower lows)
Latest Candle: Tiny green candle suggests weak buyer attempt to defend the $0.3816 support level
Support Zone: $0.3816 – this level has just been tested. If it breaks, next psychological level could be $0.3750 or lower.
Resistance Zone: $0.3887 and $0.3978 (previous supports now flipped resistance
🧭 Trade Strategy Options:
📉 Bearish (Short-Term Downtrend Continues)
Entry: Short at $0.3840–$0.3860
Target 1: $0.3750
Target 2: $0.3650 (if volume spikes on downside)
Stop-Loss: $0.3890 (just above minor resistance)
buy and trade here $SYRUP
📈 Bullish Reversal (High Risk, Countertrend)
Entry: Long if price bounces and breaks $0.3887 with volume
Target 1: $0.3978
Target 2: $0.4060
Stop-Loss: Tight at $0.3810
⚠️ Caution:
Volume shows interest, but price is not responding bullishly — suggests weak buying pressure.