$SYRUP /USDT – Weak Bounce, Short Setup in Play 🩸📉
After a quick relief pump to 0.4385, $SYRUP is already fading fast. Lower highs forming, rejection candles stacking, and Stoch RSI is flatlining near oversold — not the bounce bulls hoped for.
📌 Current Price: 0.4172
📉 Structure: Failed breakout, forming descending channel
🟡 Stoch RSI: 8.56 – no reversal momentum yet
📊 Trade Setup (Short):
• Entry Zone: 0.4180 – 0.4200
• TP1: 0.4050
• TP2: 0.3975 (recent low)
• TP3: 0.3840
• Stoploss: 0.4280
⚠️ Insight:
Volume is dying out, no follow-through from the bulls. If it breaks below 0.4100 with strength, expect a drop to retest the base at 0.3975 — maybe even sweep the low. This is a clean short scalp until bulls prove otherwise.