$SYRUP 🚀 BULLISH MOMENTUM 🚀
📌 Token: SYRUP
Current Price: $0.4796 USDT
24h Volume: $3.21 million USDT
Trend: Moderate activity, potential retracement or breakout setup
Volatility: Medium
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📐 Fibonacci Retracement Levels
Let’s assume:
Swing High = $0.5200
Swing Low = $0.4100
> These values can be adjusted if the chart gives a different recent high/low.
Fibonacci Level Price (USDT)
23.6% $0.4465
38.2% $0.4571
50.0% $0.4650
61.8% $0.4729
78.6% $0.4849
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🎯 Trading Strategy for SYRUP
🔹 Strategy A: Buy the Retracement
✅ Entry Zone:
Between $0.4571 and $0.4729 (38.2% to 61.8%)
📈 Entry Confirmation:
Bullish engulfing candle or hammer on the 1h/4h chart
RSI above 45 bouncing upward
MACD crossover (bullish)
🎯 Profit Targets:
T1: $0.4849 (78.6%)
T2: $0.5000 (Psychological resistance)
T3: $0.5200 (Recent high)
T4: $0.5420 (Fib extension 1.272)
🛑 Stop-Loss:
Below $0.4465 or 2% under entry point
Risk Management
Use max 1–2% of capital per trade
Maintain risk-reward ratio ≥ 2:1
Consider scaling in/out of positions at multiple levels
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🔁 Summary
Entry Zone (Retrace) $0.4571 – $0.4729
Breakout Level $0.5200
Targets $0.4849 → $0.5200 → $0.5420
Stop-Loss Below $0.4465 or dynamic under support
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