$SYRUP /USDT

📊 Market Snapshot: SYRUP/USDT

Current Price: $0.4771

24h Range:

High: $0.4842

Low: $0.4559

Volume (24h):

SYRUP: 24.07M

USDT: 11.26M

Trend: Short-term bullish (price recovering from day low)

Sector: DeFi (volatile, potential narrative catalyst)

⚙️ Trade Setup – 15m to 4H Timeframe

🔵 Bullish Setup (Long)

Entry Zone:

Between $0.4730 – $0.4780 (current range)

Target 1 (TP1):

$0.4842 (24h high)

Target 2 (TP2):

$0.4950 – $0.50 (psychological level, minor resistance)

Stop Loss (SL):

$0.4660 (below local support)

Aggressive SL: $0.4710

Risk/Reward:

Around 1:2 or better depending on entry precision

🔴 Bearish Setup (Short)

Only if support at $0.4559 breaks down on high volume.

Entry:

Below $0.4550

Target 1:

$0.4400

Target 2:

$0.4250 – $0.4300 (larger support)

Stop Loss:

$0.4670

🔁 Range Scalping Strategy

For intraday trading between key levels:

Buy near support: $0.4560 – $0.4600

Sell near resistance: $0.4830 – $0.4850

SL: Tight ($0.01 – $0.015 below entry)

TP: $0.02 – $0.03 above entry

🔔 Key Levels Summary

Level TypePriceResistance$0.4842 → $0.4950 → $0.50Current Zone$0.4771Support$0.4669 → $0.4559

🛠️ Strategy Tips

Use volume confirmation near $0.4842 for potential breakout.

Tight spreads + active volume = good for scalping.

Monitor BTC/ETH price as SYRUP may follow broader market moves.

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