🚀 $SYRUP /USDT – Bullish Trade Setup 🔥
📌 Current Price: 0.4784 (+12.99%)
⏰ Timeframe: 1H
🔑 Key Levels:
Support: 0.4650 – 0.4720
Resistance: 0.4900 / 0.5100
📈 Trade Setup (LONG):
Entry: 0.4650 – 0.4720
TP1: 0.4900
TP2: 0.5100
Stop-Loss: 0.4550
📊 Technical Outlook:
Trend: Strong rally from 0.3907 → 0.4863, consolidating near highs.
EMAs: Price trading above all key EMAs, EMA-9 & EMA-20 acting as near-term support.
RSI: Overbought (70+), momentum remains strong but watch for minor pullbacks.
MACD: Bullish crossover with expanding histogram confirms upside momentum.
Volume: Heavy buying interest supports continuation of trend.
💡 Summary: Bias remains bullish as long as SYRUP holds above 0.4650. Momentum favors further upside, but overbought RSI suggests minor dips could occur before continuation.
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