🚨 SYRUP/USDT may reach $0.6600 by Saturday afternoon, technical signals indicate
Volume slows down, RSI indicates reversal and the market awaits a decisive breakout
The crypto asset SYRUP/USDT has been attracting the attention of traders and investors in recent days after forming a promising graphic structure. Currently quoted around $0.5787, the token may be on its way to a significant short-term rise, with an estimated target of $0.6600 by Saturday (29/06).
🔍 Technical Analysis:
Well-defined support: $0.5600
Recently broken key resistance: $0.6000
Next targets: $0.6300 and $0.6600
RSI (6): at 36, signaling oversold region
Volume: in retreat, a typical pattern before explosive movements
The 4-hour chart reveals a healthy correction pattern, with the price retreating to a technical support zone, which may attract new buyers. The confluence between volume retracement, technical support, and low RSI reinforces the expectation of a new wave of appreciation.
If the price can once again surpass the $0.6000 region with strength, the breakout could propel the asset towards the $0.6600 zone, which would represent an appreciation of approximately 14% from the current price.
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🟢 Short-term bullish expectation
With the crypto market regaining strength in some altcoins, SYRUP could be one of the main opportunities for quick profits for those who position themselves before the breakout. The current moment is seen as a phase of strategic accumulation before a possible breakout.
Traders looking for clear technical setups are keeping an eye on this movement. Entries in the range of $0.57-$0.58 with partial targets at $0.63 and final target at $0.6600 are strategies viewed favorably.
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