$SYRUP /USDT – DeFi Token Under Pressure, Watch for Rebound Signs
$SYRUP is trading at $0.3611 (-10.95%), showing significant downside after dropping from a 24h high of $0.4150 to a low of $0.3435, with volume surging to 52.51M SYRUP / $19.82M USDT, signaling strong selling activity. Despite the bearish momentum, price action has stabilized near key depth levels at $0.3611 and $0.3632, just above the recent bottom at $0.3377. If bulls defend this range, a potential short-term rebound to $0.3887–$0.4143 may play out. However, losing support at $0.3435 risks deeper downside. Monitor closely for volume tapering or divergence on lower timeframes to catch early signs of a recovery.
