$SYN /USDT 4H Trade Setup
Market Insight:
$SYN is showing strong momentum with a +10.31% gain on the day and a solid 24h volume of 25.74M tokens traded. Price is currently near the upper 24h range, signaling bullish sentiment in the DeFi sector.
Entry Zone:
$0.1450 - $0.1490
(This zone aligns with recent support levels around 0.1437 and the minor MA10 area.)
Targets:
$0.1590 (recent 24h high)
$0.1650 (psychological resistance and recent highs)
$0.1750 (extended target if bullish momentum continues)
Stop Loss:
Below $0.1380 (just below recent lows and support to limit downside risk)
Key Levels:
Support: $0.1437, $0.1380
Resistance: $0.1591, $0.1650, $0.1750
Moving Averages: MA(5) ~3.37M volume, MA(10) ~1.89M volume (supports recent momentum)
Pro Tip:
Wait for a clear 4H candle close above $0.1490 before entering for confirmation of bullish continuation. Consider scaling in your position within the entry zone. Use a tight stop to protect against sudden reversals.
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