$SYRUP /USDT Trading Signal Bullish momentum 💯 🔥
Current Price: 0.4984 USDT
24h Change: +12.33%
Volume Surge: Over 68 million SYRUP traded in 24 hours, indicating strong interest and momentum.
Trend Overview: SYRUP has shown a bullish breakout, climbing from the 0.4432 low to a 0.4994 high, signaling solid buyer control.
Technical Signal:
SYRUP is currently testing its resistance zone near 0.50. If it holds above 0.4950, bullish continuation is likely. Price is consolidating above short-term EMAs on lower timeframes, indicating sustained buying pressure.
Entry Zone: 0.4950 – 0.4985
Target Points (TP):
• TP1: 0.5250
• TP2: 0.5480
• TP3: 0.5750 (extended target if momentum continues)
Stop Loss (SL): 0.4740 — placed below recent support to manage downside risk.
Strategy:
This setup favors short- to mid-term traders looking to capitalize on a breakout continuation. Ideal for intraday to multi-day positioning with volume confirmation. Consider trailing stop once TP1 is reached to lock in profits.