🚨 $SYN has staged an impressive 70% rebound, but this rally may be running out of steam.
Market cap has slipped from 70M to 50M, and even with occasional low-volume breakouts, the price action looks more like distribution than healthy accumulation.
📉 I'm leaning SHORT here, watching for momentum to fade.
🎯 Target: 0.10
If sellers regain control, this could be the start of the next leg down. Trade with proper risk management and wait for confirmation before entering.
Market cap has slipped from 70M to 50M, and even with occasional low-volume breakouts, the price action looks more like distribution than healthy accumulation.
📉 I'm leaning SHORT here, watching for momentum to fade.
🎯 Target: 0.10
If sellers regain control, this could be the start of the next leg down. Trade with proper risk management and wait for confirmation before entering.