šØ $SYS /USDT ā Bearish Grip Continues, Weak Recovery Attempt ā ļø
SYS has plummeted from $0.0448 to a low of $0.0347, with only a modest bounce to $0.0359. The asset remains firmly in bearish territory, struggling below all major moving averages.
š Technical Analysis
⢠MA Outlook: Price is trading below MA(7) = $0.0360, MA(25) = $0.0386, and MA(99) = $0.0411 ā strong bearish alignment.
⢠Support Zone: $0.0345 ā $0.0351 is holding for now; breaking below could trigger a fresh wave of selling.
⢠Resistance Levels: $0.0366 and $0.0386 are the first critical resistances.
⢠Market Behavior: Sideways chop after steep decline ā lacking bullish momentum or breakout attempt.
šÆ Trading Plan
š“ Bearish Setup (Preferred)
⢠Entry: $0.0358 ā $0.0365
⢠TP1: $0.0350
⢠TP2: $0.0344
⢠SL: $0.0375
š¢ Aggressive Bounce Attempt
⢠Entry: $0.0350 ā $0.0353
⢠TP1: $0.0365
⢠TP2: $0.0382
⢠SL: $0.0342
š Note: Trend remains bearish unless SYS reclaims $0.0386+ on high volume. Avoid premature entries ā wait for stronger confirmation.
#SYS #CardanoDebate #IsraelIranConflict #BinanceHODLerHOME #TrumpTariffs $SYS