SYN is showing strong bullish participation after breaking out from a prolonged consolidation phase.
• Price is currently holding near 0.0867 USDT, up 37.8% on the day, reflecting aggressive buying interest rather than a slow grind.
• Intraday price action pushed as high as 0.0915 before pulling back slightly, suggesting healthy profit-taking at local highs, not structural weakness.
• Trading activity has expanded sharply, with 60.26M SYN traded in the last 24 hours and $4.42M USDT in volume, confirming that the move is supported by real liquidity.
• On the 1-hour timeframe, price is trading well above the 9-EMA (0.0721) and 15-EMA (0.0691), highlighting strong short-term momentum following the bullish EMA crossover.
• Former consolidation around 0.062–0.065 now acts as key support, while 0.0915 stands as immediate resistance after the breakout extension.
Overall, SYN has transitioned from accumulation into momentum expansion. Volatility has increased, but structure remains bullish as long as price holds above the breakout zone and volume stays elevated.
