$SYN Showing Strong Reversal, Smashing Short & Mid-Term Targets! ๐
On the 1D timeframe, $SYN currently at $0.3322, up by a modest +1%! The 24h high is $0.3418, with a massive volume of 203M SYN and 65M USDT. As predicted, #SYN has shown a strong reversal and has already hit both the short-term ($0.2974) and mid-term ($0.3121) targets!
โ Key Observation:
#SYN has demonstrated a strong bullish reversal on the daily chart, breaking through immediate and 24-hour high resistance levels.
next Next Potential targets:
๐ฏ $0.3418 (24h high - immediate resistance)
๐ฏ $0.3500 (next significant resistance)
๐ฏ $0.4000 (potential further resistance based on previous price action)
๐ก๏ธImportant Support Level (to watch for potential pullback):
๐ก๏ธ $0.3121 (previous mid-term target, now potential near-term support)
๐ก๏ธ $0.2974 (previous short-term target, now potential further support)
๐ Stop Loss: Consider adjusting your stop loss higher to protect profits, perhaps around $0.3050.
๐ **Potential Price Path in the Coming Days/Weeks:**
#SYN strong reversal and successful hitting of the short and mid-term targets indicate significant bullish momentum. The immediate focus is on breaking the current 24-hour high of $0.3418. A sustained move above this level could pave the way for the long-term target of $0.3500 and potentially higher towards $0.4000. The strong volume supports this upward trajectory. Continue to monitor for sustained buying interest.
Buy and trade here on $SYN