$SYRUP /USDT BULLISH MOMENTUM IN PLAY 🍯🚀 | TECHNICAL ANALYSIS REPORT
📈 Current Price: $0.6045 (+22.94%)
SYRUP is gaining serious traction with nearly 23% upside and strong DeFi momentum. With volume surging and price pushing toward local highs, bulls are firmly in control. Let’s break down the chart and setup 👇
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🔑 Key Levels to Watch:
Resistance Levels:
🔺 $0.6053 – 24H High, immediate resistance
🔺 $0.6500 – Major resistance level and potential breakout zone
Support Levels:
🟢 $0.5600 – Key support just below current price
🟢 $0.5200 – Consolidation zone and strong buyer interest
🟢 $0.4856 – 24H Low, critical support
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📊 Trade Setup:
📥 Long Entry: $0.6000 – $0.6050 (on breakout confirmation)
🎯 Targets (TP):
TP1: $0.6250
TP2: $0.6500
TP3: $0.6800
🛑 Stop Loss (SL): $0.5580 (below nearest support)
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🛡️ Risk Management:
Limit exposure to 1–2% of portfolio per trade, use defined SL, and aim for a minimum 1:2 risk-to-reward ratio to manage volatility.
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🔥 SYRUP is heating up — bulls may be ready to pour it on!
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