$SYRUP /USDT – BEARISH PRESSURE INTENSIFIES
Technical Analysis
SYRUP/USDT is currently trading at $0.4801, down -5.47% over the last 24h. The pair is showing signs of continued bearish momentum, with lower highs and lower lows forming on the chart.
Key Levels:
Resistance Levels:
$0.4900 – Immediate resistance
$0.5000 – Strong resistance zone
Support Levels:
$0.4710 – Minor support
$0.4630 – Critical support zone
$0.4500 – Next downside target if breakdown continues
Trade Setup – SHORT POSITION
Entry: $0.4790 - $0.4820 (on retest of broken support)
Targets:
TP1: $0.4710
TP2: $0.4630
Stop Loss: $0.4910 (above resistance)
Risk Management:
Only risk 1-2% of your trading capital. Stay disciplined, avoid overleveraging, and stick to your stop loss.
Trend Bias: Bearish – Sell on rallies, watch for breakdown below $0.4710 #ShariaEarn #TrendTradingStrategy #SECETFApproval #BinanceTurns8 #Write2Earn $SYRUP