$SYN /USDT – Weak Price Action, Downtrend Signal
Current Price: $0.1841
24h High: $0.2230
24h Low: $0.1253
Today’s Gain: +35.77%
Volume: 198.64M SYN
Category: DeFi | Gainer
What’s Happening Now?
SYN moved up strongly but is now losing strength. The price is falling from the top and sellers are taking control. The chart shows lower highs and lower lows in the 5-minute time frame. This could mean the price may go down more if support breaks.
Important Levels to Watch:
Support: $0.1820 and $0.1740
Resistance: $0.1910, $0.1980, and $0.2100
Trade Plan (Short Setup):
Sell Between: $0.1840 – $0.1860
Stop Loss: Above $0.1910
Target 1: $0.1700
Target 2: $0.1670
Target 3: $0.1650
In Short:
SYN is showing weakness after a big move up. If it breaks below $0.1820, more downside is possible. Futures traders can look for short entries, and spot traders should be careful with buying until strength returns.