$SYN 24-hour low confirmed.
24h: -6.42%; current price: 0.1875; previous low: 0.1896.
Structurally, a new low means the bulls’ line of defense has been breached. On a rebound, the first thing to watch is whether price can reclaim the previous low. If it can’t, weakness is likely to continue; if it gets back above it, this could turn out to be a false breakdown. What do you think happens next?
24h: -6.42%; current price: 0.1875; previous low: 0.1896.
Structurally, a new low means the bulls’ line of defense has been breached. On a rebound, the first thing to watch is whether price can reclaim the previous low. If it can’t, weakness is likely to continue; if it gets back above it, this could turn out to be a false breakdown. What do you think happens next?