$SYN /USDT LONG TRADE SETUP
$SYN is trading at 0.06474, showing strong bullish momentum after bouncing from the 0.06348 support zone. Buyers are stepping in, forming higher highs on the short timeframe with a modest +0.37% gain in 24 hours.
Target Points
TP1: 0.06525
TP2: 0.06620
TP3: 0.06750
Stop Loss
Set stop loss below 0.06340 to limit downside risk.
Trade Notes
24h High: 0.06620
24h Low: 0.06348
Volume (SYN): 21.98M
Volume (USDT): 1.43M
RSI(6): 75.96 (Overbought - caution advised)
Technical Outlook
Price showing strong recovery from the daily low with consistent higher lows. However, RSI is in overbought territory, suggesting potential consolidation or pullback. Consider scaling into position or waiting for a minor dip for better entry.
⚠️ Risk Warning: RSI indicates overbought conditions. Use tight stop loss and consider partial profit-taking at TP1. Always DYOR.
Buy and Trade here on $SYN
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