⚠️ $SYRUP /USDT BEARISH CORRECTION UNDERWAY! ⚠️
SYRUP is sliding with a -6.26% drop, now trading at $0.4763 📉. After failing to hold above the $0.5000 mark, price is pulling back toward key support, hinting at further downside if buyers don’t step in soon.
🔍 Key Levels:
📉 Support: $0.4650 (24h low, key defense zone)
📈 Resistance 1: $0.4900 (short-term barrier)
🧱 Resistance 2: $0.5098 (recent high rejection)
📊 Volume Insight:
SYRUP Volume: 32.43M
USDT Volume: $15.77M
🔻 High activity with downward pressure confirms bearish sentiment.
🎯 Trade Setup – Short Entry
🔴 Entry Zone: $0.4750 – $0.4800
🎯 Targets (TP):
TP1: $0.4650
TP2: $0.4500
🛑 Stop Loss (SL): $0.4900
📉 Risk Management:
Limit risk to 2% per trade, maintain 1:2 Risk/Reward ratio, and stay alert for trend reversals or fakeouts at support 🛡️📊
🚨 Bearish pressure is building — $SYRUP bulls need to reclaim $0.4900 fast to avoid deeper downside! 🚨
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