$SYRUP CRITICAL JUNCTION AHEAD
SYRUP is trading at $0.4654, down 2.53% but showing resilience at key support. The DeFi token is coiling for a decisive move after recent consolidation.
Key Levels to Watch:
Resistance: $0.4664 - Break above eyes $0.4700 and $0.4750
Support: $0.4612 - Must hold to maintain bullish bias
Trade Setup - Position for the Breakout!
Bullish Entry: Confirmed break above $0.4664
Target 1: $0.4700
Target 2: $0.4750
Bearish Entry: Break below $0.4612 support
Target 1: $0.4600
Target 2: $0.4559
Use $0.4612 as stop-loss for longs. Given the 30-day performance of +56.23%, any breakout could see strong follow-through.
Range-bound action ending - prepare for volatility!