$SYRUP đang pulling quite strongly, up nearly 20% in the past 24h, and approaching the resistance area at 0.25068. On the surface, it looks like buying pressure is very eager; the RSI m14 has also jumped to 82.6. However, what I find a bit concerning is that trading volume has fallen by as much as 58% compared to the previous cycle. That said, Open Interest has still edged up slightly by over 4% in the past hour, suggesting the money flow hasn’t rushed to withdraw and that new positions are still being opened. In this part, I’m not in a hurry to FOMO-buy and chase the price right up against the resistance; I want to observe how the reaction around the 0.25068 area plays out.

#SYRUP #BinanceSquare #Cryptotrading

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