While the entire crypto market gloomily treads water, it’s party time in the Synapse Protocol ecosystem. The token $SYN has surged +26.72% in 24 hours, hitting a local high and leaving the bears with nothing left to deposit. The crypto bro’s morning coffee now officially consists of the tears of everyone who tried to short this chart.
What added fuel to this bull run:
Hyper-listing: A massive announcement is blazing right above the chart — Hyperliquid officially added the SYN/USDT spot pair through a 500 HYPE auction! Liquidity has entered the chat, and trading volumes are going to the moon. [1]
A giga-chad technical reversal: Check out this epic reversal on the 4-hour timeframe. The price bottomed at $0.14456, gathered strength, and then printed a classic green candle upward, blasting through all the moving averages (MAs).
The indicators are screaming: The 6-period RSI has shot into deep overbought territory at 91.15! True degens know: being overbought isn’t a reason to sell — it’s a sign the rocket is just warming up its engines.
Institutions are accumulating, Arthur Hayes is rubbing his hands with glee, and everyday traders are kicking themselves for not going all in at $0.14. [1, 2]
Where are we headed next — $0.23 or straight to the moon? 🚀
This is not financial advice.