$SYRUP WILL BULLS BREAK OUT OR FADE AWAY?
$SYRUP is trading at $0.3083 after a sharp spike from the $0.2700 region, printing an explosive intraday rally of nearly +19%. Price is now facing resistance around the $0.3200 mark, with consolidation beginning to form—a classic make-or-break zone for the next big move.
Key Levels to Watch:
Resistance Zone:
• $0.3120 – $0.3200
• Breakout above could push price toward:
• TP1: $0.3280
• TP2: $0.3350
Support Zone:
• $0.2970 – Holding the recent breakout base
• If broken, downside targets may include:
• TP1: $0.2840
• TP2: $0.2710
Trade Setup: High Volatility Expected
BULLISH ENTRY:
If $SYRUP closes above $0.3120 with strong volume:
• TP1: $0.3280
• TP2: $0.3350
• Stop-Loss: Below $0.2970
BEARISH ENTRY:
A breakdown below $0.2970 support may lead to a sharp retracement:
• TP1: $0.2840
• TP2: $0.2710
• Stop-Loss: Above $0.3120
Volume & Sentiment:
Volume stands at 20.56K, and the order book is 57.56% bid-heavy, suggesting bulls are still active. But momentum is cooling—watch the $0.3120 zone for the next impulse.