$SYRUP USDT – SHORT TRADE SIGNAL🔴
🔻REJECTION FROM SUPPLY ZONE
🔻BEARISH ENGULFING CONFIRMS SELL PRESSURE
SYRUP has rallied into a major resistance zone between $0.5630–$0.5752, facing strong rejection with a bearish candle pattern. The price failed to close above $0.5750, indicating a potential short-term top. Previous demand zone now flips as resistance, confirming distribution.
TRADE SETUP
• Entry Point: $0.5620 – $0.5630
• Stop Loss: $0.5829
• Take Profit:
• TP1: $0.5266
• TP2: $0.5216
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook:
Momentum shows signs of exhaustion. If price breaks below $0.5520, further downside into the $0.52 region is likely as bears take control.
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