$SYN — SHORT 📉

Entry: 0.08590 – 0.08620

TP1: 0.08540
TP2: 0.08480
TP3: 0.08420

Stop Loss: 0.08680

Analysis:
SYN remains in a weak intraday structure after repeatedly failing to break above the 0.0867–0.0870 resistance zone. The 15m chart is forming lower highs with declining bullish momentum, while sellers continue to defend every recovery. As long as price stays below 0.08680, the probability favors another move toward nearby support levels.

Risk: Medium ⚠️

Confidence: 8.3/10

Invalidation:
A 15m candle closing above 0.08680 with strong buying volume would invalidate this bearish setup and increase the probability of a move toward 0.08750–0.08820.

My view:
The short-term trend still favors sellers. I prefer entering on a retest of the entry zone instead of chasing the current downside move.

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