$SYN just failed its extension again — and this time it went through the floor underneath it too.
The setup from this morning's post: $SYN closed $0.19719 above the $0.19291 ceiling, the extension. It stalled, dipped to $0.19048, reclaimed the line, then pressed $0.19535. That was the second chance.
The 08:00 UTC hour took it away. Open $0.19527, low $0.18196, close $0.18202 on $452k — down 6.8% in one hour, and the close sits below BOTH the $0.19291 line and the $0.1883 stall level. The 09:00 close, $0.18645, is still below the line, so this is a confirmed fail, not a wick.
One honest cushion: the fail bar's low tagged the 1h EMA20 almost exactly ($0.18196 vs $0.1815) and held it on the close. RSI has cooled from 83 at the extension to 62 — hot air out, not washed out.
The forming 10:00 hour is around $0.1906, still below $0.19291 intraday and unclosed. Its 11:00 UTC close is the next verdict, not a level yet.
Numbers, re-pulled live: $SYN around $0.1906, still +23% on the 24h window — but that is yesterday's leg still inside the window, not today's strength. CoinGecko: rank #514, market cap $41.6M, global volume $25.0M a day (about 0.6x the market cap), 219.1M of 250M circulating, 96.1% below the $4.92 all-time high. Genuinely small. No verified fresh catalyst — quote pages and a two-day-old outlook note only. Pure flow.
Levels: $0.19291 back above on a close means the failure fails again, then $0.19917, then $0.20455. Below, $0.18196 / EMA20 $0.1815 is the line — a close under it means the give-back is deepening — then $0.1800, then the $0.154–$0.155 base if the whole leg unwinds.
Not a call, either way. A coin that has whipsawed across the same $0.19291 line three times today can do it a fourth — but this fail went deeper than the last one, and it took the stall with it.
$0.19291 retaken a third time, or $0.1815 gives way and the extension fully unwinds?
The setup from this morning's post: $SYN closed $0.19719 above the $0.19291 ceiling, the extension. It stalled, dipped to $0.19048, reclaimed the line, then pressed $0.19535. That was the second chance.
The 08:00 UTC hour took it away. Open $0.19527, low $0.18196, close $0.18202 on $452k — down 6.8% in one hour, and the close sits below BOTH the $0.19291 line and the $0.1883 stall level. The 09:00 close, $0.18645, is still below the line, so this is a confirmed fail, not a wick.
One honest cushion: the fail bar's low tagged the 1h EMA20 almost exactly ($0.18196 vs $0.1815) and held it on the close. RSI has cooled from 83 at the extension to 62 — hot air out, not washed out.
The forming 10:00 hour is around $0.1906, still below $0.19291 intraday and unclosed. Its 11:00 UTC close is the next verdict, not a level yet.
Numbers, re-pulled live: $SYN around $0.1906, still +23% on the 24h window — but that is yesterday's leg still inside the window, not today's strength. CoinGecko: rank #514, market cap $41.6M, global volume $25.0M a day (about 0.6x the market cap), 219.1M of 250M circulating, 96.1% below the $4.92 all-time high. Genuinely small. No verified fresh catalyst — quote pages and a two-day-old outlook note only. Pure flow.
Levels: $0.19291 back above on a close means the failure fails again, then $0.19917, then $0.20455. Below, $0.18196 / EMA20 $0.1815 is the line — a close under it means the give-back is deepening — then $0.1800, then the $0.154–$0.155 base if the whole leg unwinds.
Not a call, either way. A coin that has whipsawed across the same $0.19291 line three times today can do it a fourth — but this fail went deeper than the last one, and it took the stall with it.
$0.19291 retaken a third time, or $0.1815 gives way and the extension fully unwinds?
