$SYRUP /USDT BEARISH MOVE INCOMING — DOUBLE TOP SIGNAL ACTIVE!
Price has formed a potential double top near the $0.3850 resistance zone, and current price action is beginning to reject from that region. The coin is now trading at $0.3631, showing bearish pressure building after a temporary bullish run. A reversal toward key support levels is likely.
Key Levels:
Resistance: $0.3850 – $0.3910
Support: $0.3360 and $0.3090
Current Price: $0.3631
Trade Setup (SHORT):
Entry: $0.3640 – $0.3680
Take Profit (TP): $0.3360 / $0.3100
Stop Loss (SL): $0.3870
Risk Management:
Use tight stop loss above the recent high. Position size should not exceed 2-3% of your portfolio. Confirm breakdown with candle close below $0.3550 before aggressive entry.
Stay sharp — volatility ahead!
#Write2Earn! #MerlinTradingCompetition #GENIUSAct #BinanceAlphaAlert
Price has formed a potential double top near the $0.3850 resistance zone, and current price action is beginning to reject from that region. The coin is now trading at $0.3631, showing bearish pressure building after a temporary bullish run. A reversal toward key support levels is likely.
Key Levels:
Resistance: $0.3850 – $0.3910
Support: $0.3360 and $0.3090
Current Price: $0.3631
Trade Setup (SHORT):
Entry: $0.3640 – $0.3680
Take Profit (TP): $0.3360 / $0.3100
Stop Loss (SL): $0.3870
Risk Management:
Use tight stop loss above the recent high. Position size should not exceed 2-3% of your portfolio. Confirm breakdown with candle close below $0.3550 before aggressive entry.
Stay sharp — volatility ahead!
#Write2Earn! #MerlinTradingCompetition #GENIUSAct #BinanceAlphaAlert
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SYRUP
0.3579
-2.55%