Looking at the 15-minute chart of $SYRUP /USDT, here's the analysis using Smart Money Concepts (SMC) and ICT principles:
🔍 Market Structure:
Price made a higher high at 0.6581, followed by a breakdown and lower low near 0.59, indicating short-term bearish structure.
Now consolidating just above the 99 MA support.
📊 SMC + ICT Key Levels:
Liquidity grab likely occurred near 0.6581 (buy-side liquidity sweep).
Current price is hovering around discount zone (below 50% of recent move).
🔄 Indicators:
Volume dropped significantly after the dump.
MA(7) < MA(25): short-term bearish trend.
Support area forming around 0.5890–0.5990.
✅ Verdict:
Wait for now.
🧠 Trade Plan (Only if bullish confirmation appears):
Buy Entry (after confirmation): Above 0.6030
TP1: 0.6180
TP2: 0.6310
TP3: 0.6450
SL: Below 0.5880
(Use confirmation like bullish engulfing + strong volume bounce from 99 MA)
Let the next 1–2 candles confirm if smart money is defending the 0.59–0.60 zone.