Pair: $SYN
/USDT | Timeframe: 1H
Bias: 🔻 SHORT | Current Price: $0.1101
Position: Active | Breakeven Level: $0.1075
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🔍 Technical Breakdown:
❌ Rejection at $0.1161 hints at a possible double top
📉 MACD and volume declining — momentum is weakening
📊 Trading below key MA7 and MA25 — bearish pressure increasing
⚠️ Volume divergence suggests pump lacks conviction
🔐 Tight consolidation near $0.1075 — breakdown could accelerate losses
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🎯 Updated Trade Plan:
Entry: 0.1101
TP1: 0.1065
TP2: 0.1049
TP3 (final support): 0.0986
Stop Loss: 0.1168
Leverage: 3–5x (with strict risk controls)
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💡 Conclusion:
$SYN appears overbought short-term. Weakening momentum and fading volume signal a potential reversal. If price breaks below $0.1075, this short could deliver a high-probability intraday play. Always monitor structure + volume before scaling in.