SYRUP/USDT – brief analysis
Price: 0.4471 USDT (-2.08%)
Volume in 24 hours: 0.4312 million USDT (12.83 million SYRUP)
EMA: 7=0.4416, 25=0.4436, 99=0.4377 → short-term support
MACD: weak bullish momentum
RSI: 14-day = 53.65, 7-day = 61.69 → neutral-bullish
Stochastic RSI: 78/61 → overbought, possible correction
Interpretation:
Price is holding above EMA, resistance at 0.4708 USDT. Breakout upwards → continuation of growth, drop below 0.4377 → bearish pressure.
Possible scenarios:
📈Bullish scenario:
Break above 0.4708 USDT
🎯Targets:
🎯Short-term: 0.480–0.485 USDT (~7–8% increase from current price)
🎯Medium-term: 0.500 USDT (~12% increase)
📉Bearish scenario:
Drop below EMA(99) = 0.4377 USDT
🎯Targets:
🎯Short-term: 0.430 USDT (~4% decrease)
🎯Medium-term: 0.420 USDT (~6% decrease)
Possible entry points:
🟢➡️For buying: after holding price above EMA(25–99) or on a pullback to EMA(25) ~0.4436 USDT
🔴➡️For selling/correction: when approaching the resistance zone 0.470–0.471 USDT
Spot trading $SYRUP