$SYRUP /USDT – Strong Breakout Rally, Minor Pullback Starting
Current Price: $0.5477 (+2.87%)
Price surged from $0.5237 to $0.5553, now slightly pulling back after reaching overbought short-term levels.
Trade Setup (Bullish Momentum – Watch for Continuation):
Entry: $0.5450 – $0.5480
TP1: $0.5555 (retest high)
TP2: $0.5650
SL: $0.5340
Technical Insight:
Price is trading well above all major moving averages:
MA(7): $0.5442
MA(25): $0.5347
MA(99): $0.5369
The breakout candle was strong with consistent green volume. Slight pullback now is healthy — a bounce near MA(7) could launch another leg up.
A close above $0.5500 with volume could trigger a breakout to $0.57+ range.
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