$SYRUP /USDT: Rally Stalling at Resistance — Time for a Cooldown?
$SYRUP just printed two aggressive bullish legs back-to-back, now tapping into a critical supply zone near $0.4860. While momentum has been strong, price is showing early signs of exhaustion at this resistance band.
With a sharp rise into a major zone, a pullback or rejection could follow before continuation.
Trade Setup – SHORT IDEA
Entry: $0.4770 – $0.4785
Stop Loss: $0.4863
Target 1: $0.4625
Target 2: $0.4520
Target 3: $0.4487
This is a textbook rising wedge into resistance. If price fails to break above cleanly, the reversal could be fast and sharp. Watch closely — profit lies in patience.
