$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.