$SYRUP / USDT – Recovering After Pullback, Testing Resistance 🧐

$SYRUP is currently trading at $0.2765, showing a recovery after a recent pullback from its 24-hour high of $0.3241. The price is now testing the resistance level around the $0.2800 mark. A break above this could signal further upside.

Trade Setup (Watching Resistance):

Potential Support Zone: $0.2700 - $0.2730

Key Resistance: $0.2800 - $0.2850

Bullish Scenario:

Entry (Long): Break above $0.2850 with significant volume

Target 1: $0.2950

Target 2: $0.3050+

Stop Loss (Long): Below $0.2680

Bearish Scenario:

Entry (Short): Rejection at $0.2800 with increasing selling volume, break below $0.2700

Target 1: $0.2650

Target 2: $0.2600

Stop Loss (Short): Above $0.2830

SYRUP/USDT is showing signs of recovery after a sharp move. Keep a close eye on the $0.2800 - $0.2850 resistance zone. A strong break above this level could lead to a retest of the previous high. Conversely, a rejection here could lead to further downside. Monitor volume for confirmation of either scenario.

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