Looking at $SYN /USDT, the price is currently holding around 0.1317 USDT after a recent uptick of about 3.2%. The coin has tested a high near 0.1321 in the last 24 hours but struggled to break decisively above that level, indicating some resistance just above the current price. Volume is respectable, with over 5.6 million SYN traded, suggesting there’s genuine interest and liquidity, but the relatively narrow price range between 0.1245 and 0.1321 hints at a lack of strong directional momentum at the moment.
On the short term, the support zone around 0.1245 looks critical. If SYN slips below that, it could trigger a sharper decline toward lower levels, especially given the lack of strong bullish follow-through recently. However, if buyers can push through the 0.1321 ceiling and sustain above it, there’s room for a test of higher resistance points around 0.135 or beyond. The trading patterns suggest caution; the coin isn’t flashing clear buy signals, but neither is it collapsing. It’s a classic case of waiting for a more convincing breakout or breakdown before committing heavily.
In short, SYN is sitting at a technical crossroads. It’s tempting to bet on a bounce given the positive volume and small gains, but the weak upward momentum and tight range mean the risk of a sudden pullback remains. Anyone interested should keep an eye on the key support and resistance levels and be ready to react quickly if the price action intensifies.