I though it was a Cup and Handle, but $SYRUP move different.

It’s more of an ascending triangle or bull flag than a Cup & Handle—my initial hunch was off, but the #SYRUPUSDT structure confirms it!

I’ve got a solid horizontal resistance at $0.4285 (that yellow line) and an ascending trendline connecting swing lows from June 6 to 9, now acting as dynamic support around $0.3986–$0.3886, which matches the pattern forming after that price spike.

The latest candle breaking above the EMA cluster ($0.404–0.406) and hitting $0.416 with a volume surge lines up with my breakout call, and I’m expecting a pullback to $0.409–0.416 or even $0.3986 if it dips further—spot on with the chart’s action.

The MACD’s green histogram widening and the blue line staying above the orange signal line scream strong momentum to me, while the expanding Bollinger Bands back my take on rising volatility and an upward trend.

My take: I’ll wait for a pullback to $0.409–0.398 to go long at that support zone, with a stop-loss at $0.3880 below the trendline, targeting $0.4285 first, then $0.45–$0.47 if it breaks—though my R/R is a bit tight at 1:0.7 for a quick swing. If it closes above $0.4285 on a 15m candle, I’ll hold for the extension, but a breakdown below $0.3886 could drag it to $0.36–$0.35, so I’ll stay cautious!

#Write2Earn #BTC