$SYRUP – SHORT TRADE SIGNAL🔴
Steady Decline From $0.5169 High 📉
Hovering at 99 EMA Support With Weak Rebound Attempts ⚠️
$SYRUP has lost momentum after peaking at $0.5169, now trending downward with lower highs and consistent rejection from the 7 EMA. The price is clinging to the 99 EMA support at $0.4809, but failure to bounce may trigger another leg down toward recent lows.
Trade Setup:
• Entry Point: $0.4815 – $0.4835
• Stop Loss: $0.4865
• Take Profit:
– TP1: $0.4750
– TP2: $0.4680
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook: Downward bias remains strong as long as price stays below $0.4860. Breakdown below 99 EMA could accelerate downside. 🔻📊
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