$SYRUP - 💡Professional Tip: Confirming trading volume during a breakout is crucial - Watch for a strong bullish candle with trading volume near 0.4500.
The bulls are trying to regain control!
The price of $SYRUP bounced back after testing the level of $0.44, and is now forming higher lows, showing signs of recovery. If momentum increases above the resistance level of $0.4450, a quick breakout may follow with the potential to rise towards new all-time highs.
Support and Resistance
• Resistance: 0.4500
• Support: 0.4025
🔸Trading Setup
• Entry Area: 0.4420 - 0.4450
• Stop Loss: 0.4320
Take Profit Point 1: 0.4550
Take Profit Point 2: 0.4680
Take Profit Point 3: 0.4820
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