$SYRUP /USDT BREAKS KEY RESISTANCE – BULLISH MOMENTUM TARGETS $0.5600 NEXT
$SYRUP /USDT is currently trading at $0.5496, up +5.67% in the last 24 hours. The 1H chart reveals a strong bullish structure, with price breaking out above the previous resistance zone at $0.5400, turning it into fresh support.
This breakout is backed by increased volume, indicating buyers' control and growing momentum. If price holds above $0.5400, the next key level to watch is the $0.5600 resistance.
📊 Key Technical Levels:
🔹 Support: $0.5400 – $0.5200
🔹 Resistance: $0.5548 (24H High) – $0.5600
🔹 Current Price: $0.5496
📈 Trade Setup (Bullish Bias):
Entry: On retest of $0.5400 or breakout above $0.5550
🎯 TP1: $0.5600
🎯 TP2: $0.5800
🛑 SL: Below $0.5200
🔍 Market Outlook:
SYRUP is showing strength after consolidating above $0.5200. If bulls maintain this tempo, further upside could materialize in the short term, especially if $0.5600 is broken with volume.
📌 Risk Management:
Apply proper risk-reward, use SL strictly under invalidation zones, and avoid FOMO. Risk only 1–2% per trade.
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