Analysis of the situation on the SYRUP/USDT chart on the 4H timeframe: $SYRUP
1. Breakout with volume
The price broke through the level 0.40230 (previous horizontal resistance level).
After the breakout, there is a confident upward candle with a body, confirmed by increasing volume (VOL above average).
This is a confirmed breakout, not a false one (low risk fakeout).
2. Volumes (VOL)
Against the backdrop of the breakout, the volume is 25M+, higher than previous candles — this is a signal that large buyers (smart money) are entering the market.
Breakouts with volume strengthen the movement and often trigger an upward impulse.
3. Indicators:
EMA(7) and EMA(25): the price is above both, the slope angle is positive — the trend is upward.
RSI (6) = 79.5 — strong overbought condition, a correction may occur, but in impulse trends, it can remain above 70 for a long time.
MACD: the DIF line is above the DEA, growth is accelerating — confirms a long impulse.
4. Trading plan
If already in position — hold, stop can be tightened below 0.409–0.410 (level EMA(7) + structure).
If out of position:
Wait for a retest of 0.402–0.410 on volume — entry point.
Stop: below 0.395 or by structure.
Take profits: 0.44 / 0.46 / 0.48 (if the breakout continues).
Conclusion:
The breakout is confirmed by volume, the trend is upward, entry is possible after a pullback. Watch the RSI —

