💡 Quick technical analysis:
✅ A fiery rebound! After a strong drop to 0.3933, SYRUP has ignited a rocket-like upward wave, now stabilizing at 0.5445 with an increase of over +16% in just 24 hours!
✅ RSI at 91! This indicates significant buying momentum and strong entry from speculators, which may continue if liquidity flows persist.
✅ A clear golden cross in the MACD indicator, with a gradual increase in positive momentum, confirming the presence of an upward movement supported technically!
📊 Volume is doubling remarkably, supporting the continuation of the bullish trend, reflecting strong appetite from the market towards the currency.
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🚀 Expected scenario:
If the previous resistance at 0.5548 is successfully broken, the next targets will be:
✅ 0.58
✅ 0.62
✅ And perhaps reaching 0.70 in the medium term!
In the event of profit-taking, the area around 0.49 is considered a strong support that can be monitored as a re-entry opportunity.
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🔥 Is SYRUP about to take off?!
All indicators show a genuine breakout, and momentum we haven't seen in a long time. The price is moving powerfully, and interest is increasing daily. This type of launch is usually followed by strong FOMO that pushes the price to unexpected levels! 🚀
📢 What do you think? Are you betting on a rise $SYRUP towards 0.70 this week? 👇
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📌 Important tips:
🔹 Watch the level of 0.55 – a stable breakout may open the door to a crazy acceleration.
🔹 Do not enter at the candle's peak – wait for a retest or scale in your entry in phases.
🔹 Keep an eye on the volume – its continued rise is key to maintaining momentum.
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