$SYRUP /USDT BULLISH BREAKOUT IN PLAY 🚀 | TECHNICAL ANALYSIS 📈
$SYRUP/USDT is showing strong bullish momentum with a solid +10.45% gain in the last 24h, currently trading at $0.5222. The DeFi token has bounced back sharply from its recent low, indicating renewed buyer interest.
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🔹 KEY LEVELS:
Support:
🟢 $0.5000 (strong psychological + technical support)
🟢 $0.4800 (secondary support)
Resistance:
🔴 $0.5300 (short-term resistance)
🔴 $0.5500 (breakout target if momentum continues)
Current Price: $0.5222
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💹 TRADE SETUP (LONG)
Entry: On retest of $0.5150 – $0.5200 zone
Take Profit (TP) 🎯:
TP1: $0.5300
TP2: $0.5450
TP3: $0.5600
Stop Loss (SL) ❌: $0.4940 (below key support)
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📊 RISK MANAGEMENT
Risk only 1–2% of your capital per trade. Stick to SL and use proper position sizing. 🚨
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🔥 Momentum is on the bulls' side—watch for volume confirmation and breakout strength!
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