$SYRUP

/USDC based on the data you provided:

🔹 Price & Trend

Current Price: 0.4895 USDC (-2.31%)

24h Range: 0.4874 – 0.5056

24h Volume: ~3.33M SYRUP (~1.66M USDC)

Category: DeFi token, currently in a short-term corrective phase.

🔹 Moving Averages (MA)

MA(7): 0.4923 → slightly above price (short-term bearish pressure)

MA(25): 0.4964 → price below medium trend (bearish bias)

MA(99): 0.4958 → price below long-term trend (neutral-to-bearish setup)

📊 Price is trading below all key MAs, signaling short-term weakness unless buyers reclaim 0.4950+.

🔹 Support & Resistance

Immediate Support: 0.4870 – 0.4840 zone

Immediate Resistance: 0.4950 – 0.4965

Next Resistance (if breakout): 0.5095 – 0.5310 range

🔹 Volume & Momentum

Recent volume (~107K on 5-min scale) indicates selling pressure outweighs buyers.

Momentum suggests consolidation unless bulls defend 0.4870 support.

A close above 0.4965 could flip momentum back bullish.

✅ Bias: Neutral-bearish while under 0.4950.

📈 Bullish Scenario: Breakout above 0.4965 → targets 0.5095.

📉 Bearish Scenario: Breakdown below 0.4840 → could test 0.4750.

Would you like me to also add RSI/MACD oscillator analysis to see if SYRUP is oversold and due for a bounce?