$SYN /USDT BEARISH SETUP ALERT

Current Price: $0.1258

24h Change: -3.82%

24h High/Low: $0.1343 / $0.1236

24h Volume:

SYN: 15.85M

USDT: 2.05M

Technical Snapshot:

SYN is showing weak bounce attempts after a near 4% daily drop. The price is hugging support near $0.1240–$0.1260 — a key zone. A breakdown from here could push price toward multi-week lows.

Key Levels to Watch:

Resistance:

$0.1280 – $0.1300 (short-term rejection area)

$0.1340 – $0.1350 (24h high & breakdown origin)

Support:

$0.1240 (short-term base)

$0.1236 (24h low)

$0.1200 (next major support)

$0.1100 (bearish extension target if breakdown continues)

Bearish Strategy Setup:

Entry (Short): $0.1255–$0.1265 (if price retests and fails)

Confirmation: 15m–1h close below $0.1240 with strong volume

Targets:

TP1: $0.1235

TP2: $0.1200

TP3: $0.1100

Stop Loss: Above $0.1305 (recent resistance)

Volume & Momentum:

SYN is losing momentum after rejection at $0.134

Intraday bounce is weak (-0.47%), signaling lack of bull strength

Volume profile shows declining interest on upticks

Conclusion:

SYN is bear-biased, hovering near a vulnerable support level. If $0.124 breaks, it could quickly fall toward $0.12 or lower. Watch for candle closes + volume confirmation before executing trades.

Bias: Bearish

Setup Type: Breakdown from weak support

Pro Tip: Let price come to you — don’t chase. Be patient for either rejection confirmation or a clean break.

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