$SYN
/USDT Short Trade Signal.!š“šÆ
$SYN jumped strong in 24h, hitting a high of $0.1287 before pulling back to $0.1137. This signals profit-taking pressure at local highs after a sharp intraday spike. Such rallies often retrace part of the move, especially if volume tapers off and momentum stalls.
š Entry Zone:
Short near $0.1170 ā $0.1220
Look for a rejection wick or a failed push above $0.1218 on lower timeframes (15m/30m).
šÆ Targets:
1. $0.1060 ā near-term pullback support
2. $0.0990 ā deeper correction to test previous breakout zone
3. $0.0920 ā extended fade if volume dries up
ā Stop Loss:
$0.1255 (above the recent swing high; tight stop to limit risk if breakout buyers step back in)
š Key Levels:
Resistance: $0.1218 / $0.1287
Support: $0.1060 / $0.0990
Pivot zone: $0.1135
ā” Pro Tip:
Wait for confirmation ā a bearish 15m or 30m candle with a clear rejection wick near $0.1218 is ideal. If the price breaks above $0.1255 with strong volume, cancel the short idea ā that could signal continuation higher.
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