$SYRUP/USDT โ Bullish Breakout in Motion! โ ๐
$SYRUP is heating up with strong DeFi momentum, climbing over 7% and pressing against local resistance levels. A potential bullish continuation is taking shape as trading volume spikes near recent highs.
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๐น Entry Zone:
$0.4140 โ $0.4220
> Ideal entry on a minor pullback following the recent surge.
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๐ฏ Target Levels:
Target 1: $0.445 โ Retest of previous breakout rejection zone
Target 2: $0.476 โ Fibonacci extension & key psychological level
Target 3: $0.512 โ March swing high resistance on higher timeframes
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๐ป Stop Loss:
Close below $0.395
> Indicates breakdown of short-term trend and invalidates bullish setup.
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๐ Key Technical Levels:
Support: $0.395 / $0.383
Resistance: $0.445 / $0.476
Pivot: $0.427 โ Holding above this favors continued bullish momentum
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๐ก Pro Tip:
If $SYRUP consolidates above $0.427 for multiple 1H candles with sustained volume, it signals strength toward a clean $0.445 breakout. Consider trailing stops above that level to lock in gains if momentum accelerates.
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