Detailed Analysis Of
$SYN :
$SYN /USDT is in a strong short-term bullish phase after a sharp impulse move.
Price has rallied from the 0.068 area to a local high near 0.100, delivering a ~25% daily gain and placing the asset among DeFi gainers. This move is backed by a clear volume expansion, confirming that the breakout was driven by real participation rather than thin liquidity.
On the 15-minute structure, price remains above all key moving averages. The MA(7) ≈ 0.0896 and MA(25) ≈ 0.0893 are tightly aligned and acting as dynamic support, while MA(99) around 0.0785 shows the broader trend has flipped bullish. This alignment signals trend strength and healthy momentum continuation rather than a weak bounce.
After printing the high near 0.1002, price entered a consolidation range between roughly 0.087–0.094. This sideways movement reflects profit-taking without aggressive selling pressure. Candles remain relatively balanced, indicating that buyers are still absorbing supply rather than exiting en masse.
Volume has cooled compared to the breakout spike but remains elevated versus the pre-pump baseline. This suggests the market is transitioning from expansion to stabilization, a common behavior after fast vertical moves.
From a structure perspective, higher lows are still intact, and price is holding above the breakout zone. The absence of long bearish candles or heavy sell volume implies sentiment remains constructive in the short term.
On a broader performance view, CYN is showing strong short-term recovery (7D +74%), while longer-term metrics remain deeply negative on the yearly scale. This contrast highlights that the current move is a momentum-driven phase within a larger recovery attempt, not yet a confirmed long-term trend reversal.
Overall, current conditions reflect bullish momentum with controlled consolidation, indicating strength is being maintained rather than immediately exhausted.
#SYN #SYNanalysis #analysis