$SYN SHORT set up
Entry: 0.12090
Stop Loss (SL): 0.13350 (
Take Profit (TP): 0.10340
đĄ Short Reason:
The asset experienced a massive vertical spike up to a 24h high of 0.13290, which was immediately met with heavy selling pressure. This massive upper wick indicates strong bearish rejection and exhaustion. Price action has broken back down through the local support levels, creating a bearish market structure on the hourly timeframe as buyers fail to sustain the peak momentum.#SYN #BinaceSquare #writeto
Entry: 0.12090
Stop Loss (SL): 0.13350 (
Take Profit (TP): 0.10340
đĄ Short Reason:
The asset experienced a massive vertical spike up to a 24h high of 0.13290, which was immediately met with heavy selling pressure. This massive upper wick indicates strong bearish rejection and exhaustion. Price action has broken back down through the local support levels, creating a bearish market structure on the hourly timeframe as buyers fail to sustain the peak momentum.#SYN #BinaceSquare #writeto