The costs are high. Check the SYN over the past 24 hours; the price of the Synapse governance token has fluctuated significantly. According to the data, the SYN price rose to $0.05585, with a 24-hour increase of 9.54%, and a trading volume of $2.87 million.
TradingView shows the current price at 0.0510 USDT, with a slight daily drop of 1.71%, but overall it is boosted by news from the cross-chain bridge ecosystem.
Traders on social platforms are discussing its rebound potential, as several analysts share long position signals, entering at 0.05089, with a target of 0.06162.
In addition, reports from Bitget and others show that similar tokens like SYNTHAI remain stable, with market sentiment influenced by a slight rebound in Bitcoin.
Price predictions indicate potential upward movement in 2026, but there are short-term squeeze risks.
Recommended trading strategy: Short-term bullish, if the price maintains above 0.0510, consider entering long positions with leverage not exceeding 20X, stop loss at 0.0493, target 0.054-0.057. Combine technical indicators such as RSI rebound, and consider building positions in batches to hedge risks. From a long-term perspective, the Synapse cross-chain narrative may drive growth, but be wary of market corrections. Monitor USDT dominance; if it falls below key levels, reduce positions. Risk management is a priority, for reference only, not investment advice.