$SYRUP /USDT
🧾 SYRUP/USDT — Snapshot
Current Price: $0.3584 (−13.39%)
24h High / Low: $0.4190 / $0.3581
24h Volume:
SYRUP: 33.37M
USDT: 13.09M
Category: DeFi (New token)
📊 Technical Overview
🔻 Price Action
Price sharply dropped from near $0.42 to current $0.3584 — about 13% down.
Holding near 24h low of $0.3581, indicating strong selling pressure or possible capitulation.
Price is testing a key support zone around $0.3580.
🔧 Indicators (implied)
SAR likely bearish (given the drop).
Volume remains solid, showing active trading interest.
📌 Key Levels
Resistance:
$0.3650 — recent minor resistance
$0.3739 / $0.3828 — next layers of resistance
$0.3917 / $0.3986 — stronger resistance levels near 15m–1h highs
$0.4007 — key resistance zone
Support:
$0.3581 — immediate support (24h low)
$0.3500 — next support below current price
⚡ Trade Setups
1. Bounce Long (Rebound Play)
Entry: $0.3580–$0.3600
Target: $0.3739 / $0.3828
Stop: Below $0.3500
Risk: Moderate
Wait for bullish confirmation candles before entering.
2. Breakdown Short
Entry: < $0.3580 on volume spike
Target: $0.3450 / $0.3400
Stop: $0.3650
Risk: High
Use if breakdown below support triggers further selling.
3. Pullback Short
Entry: $0.3739–$0.3828
Target: $0.3581
Stop: Above $0.3917
Risk: Moderate
Short on signs of resistance rejection.
🧠 Summary
SYRUP is currently under heavy selling pressure but might be finding a base near $0.358. Watch for reversal signals for a potential quick rebound or a breakdown for a deeper retracement.
High volume activity means it’s a liquid token good for intraday trading setups.
#BlackRockETHPurchase #BinanceAlphaAlert #CUDISBinanceTGE #Write2Earn! #Syrup
