🚀 $SYRUP/USDT Gearing Up for a Breakout! 🧪
Current Price: $0.4230 (+5.67%)
📌 Technical Overview:
Price has cleanly rebounded from the $0.383 support zone and is now pressing against the $0.42 resistance barrier. Hourly candles are showing strength with consistent higher lows 🔼
🎯 Trade Setup:
Entry Zone: Around current levels
Targets:
• TP1: $0.427
• TP2: $0.440
• TP3: $0.455
Stop-Loss: Hold spot position unless price breaks below $0.383
🧠 Momentum Insight:
The structure has been reclaimed and price is consolidating just beneath resistance — a classic sign of coiling before a potential breakout. A confirmed flip of $0.423 into support could trigger strong upside movement.
📈 Key Levels (1H Chart):
• Support: $0.383
• Resistance: $0.423
💥 Watch Closely:
An increase in volume + a 1H candle close above $0.423 could be the breakout signal. Wait for confirmation!
🍯 $SYRUP is showing signs of strength — smart entries here could catch the next leg up.