$SYRUP /USDT BEARISH SETUP – STRUGGLING BELOW KEY RESISTANCE
Current Price: $0.4907 (-5.91%)
Category: DeFi
Exchange: Binance
KEY LEVELS TO WATCH:
Resistance Levels:
$0.5000 – Immediate resistance
$0.5200 – Mid-term ceiling
$0.5400 – Major breakout barrier
Support Levels:
$0.4630 – 24h low / short-term suppor
$0.4400 – Historical support zone
TRADE SETUP (SHORT IDEA):
Entry: $0.4900 – $0.4950
Take Profit:
TP1: $0.4630
TP2: $0.4400
Stop Loss: $0.5100 (above resistance range)
Confirmation: Failure to break above $0.5000 will validate short bias.
RISK MANAGEMENT:
Risk no more than 1-2% per trade. Always stick to your stop-loss and avoid revenge trading during high volatility.
$SYRUP is currently trading within a descending pattern. Bears are in control below $0.5000 — unless bulls reclaim $0.5200, pressure likely continues downward.
Want a bullish breakout setup if momentum flips? Let me know!
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