💡 Quick technical analysis:
✅ Positive rebound after a strong bottom! The price rebounded from $0.1975 to currently reach $0.2071 with an increase of +44.62% in 24 hours – a clear signal of renewed buyer interest.
✅ RSI at 50.74 – this means the price is currently in a balanced area, neither overbought nor oversold, opening the door for any strong movement ahead!
✅ MACD is approaching a positive crossover! The lines are very close, and with any incoming buying pressure, we might see an acceleration in upward momentum.
✅ Solid candles and moderate volume – relative stability in movement after a downward phase, suggesting that the market may be in a consolidation phase in preparation for the next move.
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🚀 Expected scenario:
If the price breaks the $0.21 - $0.22 level, it could easily surge towards $0.24 then $0.26.
In case of a pullback, $0.1975 will remain a strong support area to watch closely.
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🔥 SYRUP under the microscope! Do we see a new launch after the listing?
With the announcement of SYRUP's listing on Binance and the sudden strong rise, this may be the right time to get in before the major wave of interest starts. New listings usually see consecutive rises in the first days.
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💬 My personal opinion:
SYRUP seems to be in a stabilization phase after selling pressure, and there are technical indicators supporting a near breakout. Positive momentum has started to build, but confirmation will come with a break above the next resistance.
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✅ Final advice:
Watch the $0.22 level carefully – breaking it could be a strong buy signal.
Do not enter with full liquidity – divide your entry into stages.
The initial stop loss can be placed below $0.193 to protect capital.
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📢 Do you expect SYRUP to continue rising after this correction? Or is there a larger corrective movement coming? Share your view!