$SYN /USDT – BEARISH BREAKDOWN IN PLAY! 🚨📉
🔍 Technical Analysis:
$SYN /USDT is showing clear bearish momentum after a sharp drop of -7.19%, currently trading at $0.1265. Price failed to hold above key support levels, indicating further downside potential.
📊 Key Levels:
Resistance Zones:
🔺 $0.1340 – Minor resistance
🔺 $0.1380 – Strong resistance (Recent high)
Support Zones:
🔻 $0.1255 – Immediate support (24h low)
🔻 $0.1230 – Critical support level
Current Price: $0.1265
📉 Trade Setup – SHORT Position:
Entry: $0.1265 (Market Price)
Take Profit Targets:
🎯 TP1: $0.1230
🎯 TP2: $0.1180 (Extended move if momentum continues)
Stop Loss: 🛑 $0.1305 (Above recent minor resistance)
⚠️ Risk Management:
💡 Risk only 1-2% of your capital per trade. Use proper position sizing and avoid over-leverage. Let the setup play out patiently. 🧠📊
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