$SYN / $USDT Seeing a Minor Dip After a Significant Surge in the DeFi Space? 🤔
Taking a look at the $SYN / $USDT 4-hour chart on Binance. We're observing a slight pullback in the last 4 hours, down -2.35%, bringing the current price to $0.3206. However, the overall daily gain is still a strong +14.17%, highlighting its momentum in the DeFi sector.
The 24-hour high reached $0.3420, and the 24-hour low touched $0.2712, indicating significant intraday volatility. The 24-hour volume for $SYN is a healthy 25.36M.
Looking at the recent performance, today shows a gain of 1.93%, with an impressive 102.90% increase over the last 7 days and a substantial 69.82% gain over the last 30 days. However, the longer-term perspectives show corrections, with -32.99% over 90 days, -45.98% over 180 days, and a significant -69.59% over the past year, suggesting a volatile history despite the recent bullish momentum.
What's your take on SYN's current price action? Is this a healthy consolidation after a significant pump, or could we see more downside in the short term? Share your insights and predictions below! 👇
