$SYRUP /USDT Strong Dip Momentum Picking Upward Momentum or Resistance .?🔥📈
$SYRUP is trading at 0.5011, down on the day and testing a short-term demand zone just above the 24h low at 0.4974. Price action shows bearish momentum with possible short-term exhaustion.
Entry Zone:
0.4950 – 0.5050 (look for stability or a reversal signal on lower timeframes)
Targets:
0.5150 / 0.5300 / 0.5430
Stop Loss:
Below 0.4870 (a clear break of support may trigger deeper pullback)
Key Levels:
Support: 0.4970 / 0.4820
Resistance: 0.5150 / 0.5430
Pivot: 0.5200 — a reclaim here could mark a bullish reversal.
Pro Tip:
Watch for a bullish engulfing or hammer candle on the 1H/2H chart near 0.4970. Volume confirmation will be key for a bounce — avoid entering on weak green candles with no follow-through.
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