$SYN /USDT SHARP BEARISH SELL-OFF CONTINUES ā ļø | TECHNICAL ANALYSIS š
SYN plunged -13.23% recently, now trading at $0.1128, showing heavy bearish pressure and weakening momentum. Sellers dominate with price breaking key supports ā caution advised! š»š„
š¹ Resistance Levels:
⢠$0.1200 ā Immediate resistance after recent breakdown ā
⢠$0.1250 ā Key supply zone, tough barrier for bulls š§
š¹ Support Levels:
⢠$0.1100 ā Recent low, critical support zone š§±
⢠$0.1098 ā 24h low, next key support to watch š
š Current Price: $0.1128
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šÆ TRADE SETUP (SHORT):
Entry Zone: $0.1130ā$0.1140
Take Profits (TP):
⢠TP1: $0.1100 šÆ
⢠TP2: $0.1080 š
Stop Loss (SL): $0.1180 ā
š” Risk Management:
Limit risk to 1ā2% of your capital. Use tight SL and secure profits early in volatile conditions. Avoid chasing reversals until clear signs of strength emerge. š§ š”ļø
š With heavy selling pressure and weak volume, SYN remains in a downtrend ā watch for a break below $0.1100 to confirm further downside. ā”š»
#SwingTradingStrategy #PowellRemarks #CryptoStocks #IsraelIranConflict #Write2Earn! $SYN