$SYN Trading strategy on the 1-hour timeframe based on current technical indicators and price action:

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1. SYN / USDT Market Overview:

• Current Market Price: $0.2759

• Trend: Strong bullish momentum after breakout

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2. SYN / USDT Technical Analysis:

• EMA(21): $0.2406 — short-term support

• EMA(50): $0.2237 — mid-level support

• EMA(200): $0.1879 — macro support

• MACD: Bullish histogram and positive crossover

• RSI(6): 67.90 — near overbought

• Stoch RSI: 67.90 — cooling off after peak

Supports: $0.2400 (EMA21), $0.2240 (EMA50), $0.2000 (swing low)

Resistances: $0.2874 (recent rejection), $0.3121 (local top)

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3. $SYN / USDT Spot Trading Setup:

• Buy Zone: $0.2450–$0.2550 (near EMA21 + consolidation range)

• TP1: $0.2870 (minor rejection)

• TP2: $0.3120 (previous top wick)

• TP3: $0.3400 (extension target)

• SL: $0.2220 (below EMA50, confirms trend shift)

Best Course of Action:

Buy — Momentum breakout confirmed, retracements into support offer low-risk entries.

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4. $SYN / USDT Futures Trading Setup:

• Long Entry: $0.2450–$0.2550

• TP1: $0.2870

• TP2: $0.3120

• TP3: $0.3400

• SL: $0.2220 (invalidates structure)

• Short Entry: Below $0.2220

• TP1: $0.2000

• TP2: $0.1880 (EMA200)

• TP3: $0.1700

• SL: $0.2400 (reclaim of resistance)

Best Course of Action:

Long — Strong momentum and bullish indicators suggest potential for continuation.

[Note: “This post does not constitute financial advice. Please evaluate all risks and make investment decisions based on your own informed judgment.”]