$SYN

/USDT Technical Analysis – 23 July 2025

SYN/USDT is holding strong momentum with a solid +19.25% gain, now trading at $0.1790 (Rs50.98). After touching a 24-hour high of $0.2230, the price is undergoing a healthy pullback from extreme highs, which is often a bullish setup for the next leg up. With a trading volume of 285.96 million SYN and $53.14 million in USDT, market activity is high, showing that traders are actively watching this DeFi gainer. The sharp bounce from the low of $0.1383 signals strong support and renewed buyer interest.

Technically, key resistance levels are seen at $0.2064, $0.2230, and $0.2279, while support lies at $0.1634 and $0.1419. If SYN breaks and holds above the $0.1849 mark, it may retest the $0.22 zone quickly. The current consolidation around $0.1790 offers a potential entry point before the next bullish breakout. Traders should keep a close eye on volume spikes and RSI strength, as SYN continues to show explosive behavior in a hot DeFi market.