Current Price: $0.5155
4H Change: +1.56%
Trend: Bullish Continuation โก๏ธ Breakout structure in play
๐ Technical Snapshot
SYRUP just cleared its recent local highs with rising higher lows โ a strong continuation signal. The bullish trend is supported by a textbook bullish moving average alignment, with all key MAs trending upward and stacked cleanly below price:
โข MA 7: $0.4854 โ
โข MA 25: $0.4844 โ
โข MA 99: $0.4271 โ
This alignment reinforces the trend and suggests momentum has room to run โ provided key levels hold.
๐ฏ Upside Targets (On Sustained Breakout)
โข Target 1: $0.5500 โ Minor resistance & round number barrier
โข Target 2: $0.5880 โ Local high + reaction zone from prior rallies
โข Target 3: $0.6420 โ Higher timeframe distribution zone (major test)
๐ก๏ธ Support Levels to Monitor
โข $0.4850 โ Immediate support (MA 7) + breakout confirmation level
โข $0.4650 โ Higher low zone from prior consolidation
โข Below $0.4500 โ Short-term bullish invalidation; caution advised
โ ๏ธ Momentum Signals
โข Volume is climbing steadily โ confirming the breakout is likely organic
โข RSI is approaching overbought territory โ expect potential pullback before next leg
โข A retest of the $0.50 level could offer a cleaner long entry on confirmation
๐งญ Quick Take
SYRUP is showing classic continuation behavior โ clean trend, strong momentum, and a breakout above prior highs. As long as price holds above the $0.50 zone, bulls are in control. Patience on the pullback could reward better entries.
This is a momentum trade, not a FOMO zone. Wait for confirmation or controlled retest.
โ ๏ธ DYOR โ Do Your Own Research. This is not financial advice. Trade with structure, not emotion.