$SYN is showing strong momentum today, trading around $0.166 to $0.173, up roughly 12% to 19% in 24h, with the daily range sitting near $0.1435 to $0.1900. That tells me buyers are active, but I would still avoid chasing near resistance after a fast move.
Bias: Long on pullback
Entry zone: $0.164 to $0.171
Stop: below $0.158
TP1: $0.178
TP2: $0.185
TP3: $0.190 to $0.200 if volume stays strong
For me, the key level is $0.164 to $0.160. If SYN holds above that area, the long setup still looks valid. If it loses $0.158 with strong selling, I’d cancel the long idea because that would show the breakout momentum is fading. The better trade is waiting for support to hold, not buying after the candle is already stretched.
Bias: Long on pullback
Entry zone: $0.164 to $0.171
Stop: below $0.158
TP1: $0.178
TP2: $0.185
TP3: $0.190 to $0.200 if volume stays strong
For me, the key level is $0.164 to $0.160. If SYN holds above that area, the long setup still looks valid. If it loses $0.158 with strong selling, I’d cancel the long idea because that would show the breakout momentum is fading. The better trade is waiting for support to hold, not buying after the candle is already stretched.