$SYRUP
USDT BEARISH PRESSURE BUILDING โ WILL SUPPORT HOLD OR BREAK? ๐ด
The current price of $SYRUPUSDT is 0.5624, showing a significant decline of -8.06% today. The chart reveals a steep sell-off from the resistance zone.
๐ Key Levels:
Resistance: 0.5900 โ 0.5950
Support: 0.5550 (24h low) โ critical level to watch
๐ Trade Setup (Short Idea):
Entry: 0.5620 โ 0.5650 (current region)
Targets (TP):
TP1: 0.5555
TP2: 0.5500 (if bearish momentum continues)
Stop Loss (SL): 0.5730 (above recent minor swing high)
๐ Market Outlook: The pair has faced intense selling pressure after failing to sustain above 0.5900. If 0.5550 support breaks, it may accelerate towards 0.5500 and below. Bulls need a strong reclaim above 0.5730 to negate this bearish momentum.
โ ๏ธ Risk Management: Always use strict SL to protect capital in such volatile breakdown setups. Avoid over-leveraging, especially during high volatility DeFi pairs like SYRUP.
๐ฌ Comment โ๐ป SYRUP Breakdownโ if you are watching this bearish setup unfold.
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buy and trade here on $SYRUP