$SYRUP / USDT SWEET RECOVERY OR ANOTHER DIP?
After sliding from the $0.4599 top to a local low of $0.3494, $SYRUP is now attempting a bounce, currently trading around $0.3861. The structure still favors bears overall but short-term momentum is picking up.
Bulls are trying to reclaim control. Will they hold it?
Market Recap:
Bounce from key support zone at $0.34
Resistance ahead at $0.4050
Price needs to flip $0.40+ for trend confirmation
30-day gain: +87.62% — still a strong performer!
Trade Setup (Cautious Long)
Entry: $0.3840 – $0.3880
TP1: $0.4050
TP2: $0.4320
SL: $0.3690
$SYRUP Watch the $0.40 level closely breakout confirmation with volume is key to avoid a lower high fakeout.