On the hourly chart of SYRUP/USDT, a powerful rise is observed. The indicators confirm the strength of the bullish momentum, opening up opportunities for long trades.
Indicators:
EMA (21/50/99): 0.3216 / 0.3188 / 0.3183 — support on all EMAs.
RSI (14): 83.75 — overbought.
STOCHRSI: 100 — overbought signal.
MACD: strong upward momentum.
⚡ Trading plan:
Main scenario — long. The market shows confident growth, confirmed by EMA and MACD.
🎯 Targets:
0.3445 (+1.5%)
0.3500 (+3.3%)
0.3600 (+6.5%)
🔹 Entry points:
Conservatively: on a correction to 0.3350
Aggressively: rebound from 0.3380
🛑 Stop-loss:
0.3250 — limiting risks.
⚠️ Indicators signal overbought conditions, so be cautious of a possible correction. Nevertheless, the current trend creates prospects for a profitable long. Keep an eye on indicator changes — they will help adjust positions in a timely manner.
Spot trading 👉$SYRUP
Futures 👇 {future}(SYRUPUSDT)
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