$SYRUP syr/USDT BEARISH BREAKDOWN IN PROGRESS 🚨📉 – SHORT OPPORTUNITY AHEAD!
📊 Current Price: $0.5605
⏰ Timeframe: 4H Chart
📉 24H Change: -5.22%
🔹 KEY LEVELS TO WATCH:
🔻 Resistance Zones:
$0.5660 – Immediate resistance
$0.5750 – Strong resistance zone
$0.6150 – Major rejection point
🔹 Support Zones:
$0.5525 – Intraday support
$0.5400 – Key support zone
$0.5250 – Critical demand level
💼 TRADE SETUP – SHORT ENTRY IDEA:
📍 Entry: $0.5620–$0.5650 (retest of broken support as resistance)
🎯 Targets:
TP1: $0.5525
TP2: $0.5400
TP3: $0.5250
❌ Stop Loss: $0.5755 (above key resistance zone)
📉 BEARISH STRUCTURE:
SYRUP is forming lower highs with increasing sell volume. A clear rejection from resistance and break of key intraday support signal continuation to the downside.
🛡️ RISK MANAGEMENT:
📌 Risk only 1–2% per trade
📈 Stick to defined SL
⚖️ Ensure minimum 2:1 RR for every setup
⚠️ Let the trend be your friend – ride the wave, don’t fight it! ⚠️
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