$SYRUP
USDT - Long-term trading signal 🟢
Double bottom reversal pattern 💫
The bullish structure has been confirmed above $0.4220 ✅
SYRUP has formed a clear double bottom around $0.409, and is now breaking through the local resistance level at $0.426. Bullish engulfing candles and increasing trading volumes suggest a potential continuation towards the $0.44-$0.45 area.
📊 Current price action:
SYRUP is trading at $0.4261, with strong momentum regaining lost levels. A breakout above $0.4265 opens the way for higher resistance areas.
🎯 Trade setup:
• Entry point: $0.422 - $0.426
• Stop loss: $0.4143
• Take profit: $0.4513
• Margin: 2-3% of capital
• Leverage: 10x
📉 Market outlook for shorts:
A successful breakout above $0.426 could lead to a rapid rise towards $0.45 or more. As long as the price holds at $0.414, bulls will remain in control with the potential for continued upward movement
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