$SYRUP /USDT BEARISH BREAKDOWN — SLIDING FAST UNDER PRESSURE! ⚠️📉
SYRUP is under heavy sell-off, now trading at $0.5723 (-9.62%), breaking down from the $0.60 zone with high bearish momentum. The chart is flashing further downside risk as support weakens. 🐻
🔍 Key Levels:
Resistance 1: $0.5900
Resistance 2: $0.6300 🔼
Current Price: $0.5723
Support 1: $0.5600 🧱
Support 2: $0.5500 🚨
📊 Technical Overview:
After rejecting at $0.6468, SYRUP has posted back-to-back red candles on 4H. Bearish engulfing formations and increasing red volume indicate a strong selling trend. RSI is also turning oversold — but no reversal confirmation yet.
🔻 Trade Setup (SHORT):
Entry: $0.5730 - $0.5780
Take Profit 1: $0.5600
Take Profit 2: $0.5500
Stop Loss: $0.5950
⚠️ Risk Management:
Risk only 1-2% per trade. Stick to stop-loss rules and avoid emotional trading. 📏🔐
📉 Breakdowns create big opportunities — stay sharp, trade safe! 💥📊
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