$SYRUP
USDT BEARISH SLIDE CONTINUES ā SELL PRESSURE STILL STRONG š»
$SYRUPUSDT is maintaining its sharp downtrend on the 1H timeframe, printing consistent lower highs and lower lows, reflecting strong bearish momentum with no signs of reversal yet.
š Key Levels:
Support: $0.5120 (immediate support), $0.5000 (psychological and next major support)
Resistance: $0.5300 and $0.5450
Current Price: $0.5177
š Trade Setup (Short Entry):
Entry Zone: $0.5180 ā $0.5250
Take Profits:
TP1: $0.5120
TP2: $0.5050
TP3: $0.5000
Stop Loss: $0.5350 (above minor resistance zone)
š Short Market Outlook: SYRUP remains under strong selling pressure with momentum favouring sellers. As long as price stays below $0.5300, downside continuation towards $0.5000 remains probable. Monitor BTC for broader market confirmations.
ā ļø Risk Management: Always trade with a strict stop loss to avoid sudden reversals. Risk only 1-2% per trade and manage position sizing wisely to protect your capital in volatile sessions.
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