$SYRUP /USDT SHORT TRADE SIGNAL🔴
STRONG REJECTION FROM $0.7400 RESISTANCE
OVERHEAD SUPPLY PRESSURING PRICE BELOW $0.62
SHORT-TERM LOWER HIGHS INDICATE BEARISH STRUCTURE 📉
SYRUP surged to $0.7400 but faced immediate rejection, pulling back to $0.6004. Price action shows a lower high formation with visible weakness below $0.6200. If price fails to reclaim $0.6296, a further drop toward previous support zones is likely.
TRADE SETUP
• Entry Point: $0.6150 – $0.6250
• Stop Loss: $0.6410
• Take Profit:
◦ TP1: $0.5920
◦ TP2: $0.5600
◦ TP3: $0.5200
• Margin: 2–3% of wallet
• Leverage: 10x
🔻 Market Outlook:
With rejection at major resistance and descending pressure building, SYRUP looks poised for another leg down unless bulls reclaim the $0.63 zone fast.
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