$SYRUP /USDT – Bearish Pressure Intensifies Below Key Resistance
SYRUP is trading at 0.2698 after a sharp 7.79 percent decline over the past 24 hours. The hourly chart shows consistent lower highs with sellers maintaining control since the rejection from 0.2948. Price action reflects a distribution pattern with short-term bounces unable to sustain momentum
The support zone between 0.2610 and 0.2650 is currently being tested. A breakdown below this level could accelerate the move toward 0.2480 and possibly 0.2350. Resistance stands at 0.2800 and any failed attempt to reclaim that area may reinforce the bearish bias
For bullish momentum to return, SYRUP must close above 0.2850 on strong volume. Until then, the trend remains under pressure
Market Outlook
Current trend is bearish with declining structure
Resistance at 0.2800 and 0.2850
Downside targets at 0.2480 and 0.2350
Key support at 0.2610
Reversal invalidation if price reclaims 0.2850
Trade Setups
Short-Term Trade
Entry near 0.2690
Target 1 at 0.2610
Target 2 at 0.2480
Stop Loss at 0.2760
Swing Trade
Entry between 0.2720 and 0.2650
Target 1 at 0.2480
Target 2 at 0.2350
Target 3 at 0.2200
Stop Loss at 0.2850
$SYRUP is under bearish pressure with lower highs and consistent rejection from resistance. A breakdown below current support may trigger further downside momentum.#syrupbinance #BİNANCE #cryptooinsigts $SYRUP