š» $SYN /USDT ā Short Trade Setup Breakdown
Current Price: $0.1398 ā $0.1426
Recent High: $0.1521
Setup suggests a bearish rejection at resistance, offering a potential short play.
š Trade Setup:
Entry Zone: $0.1415 ā $0.1445
(Ideal on a weak retest or wick re-entry)
Target 1: $0.1340
Target 2: $0.1285
Target 3: $0.1240
Stop Loss: $0.1475
(Above prior wick/rejection zone)
š§ Pro Tip:
Wait for confirmation with weak volume or a lower high.
Bearish divergence or failure to reclaim $0.145 adds strength to the setup.
Manage your risk ā stick to the plan and size positions accordingly.
This setup leans short-term bearish but watch for sudden trend shifts ā crypto moves fast. š§©
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