Don't overlook $SYN here — momentum is strong, but the setup now depends on what price does next.
What stands out here is that open interest is up 32.4%, the 1H move is +13.68%, and volume is running about 5.1x its recent pace. That gives the move real context instead of treating every candle as a signal.
The area around $0.0767 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Do you think $SYN has another leg left, or is this move already too stretched?
#SYN #Trading
Trade plan: SHORT
Entry: $0.1023
SL: $0.1029
TP1: $0.0767
TP2: $0.0766
TP3: $0.0765
What stands out here is that open interest is up 32.4%, the 1H move is +13.68%, and volume is running about 5.1x its recent pace. That gives the move real context instead of treating every candle as a signal.
The area around $0.0767 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Do you think $SYN has another leg left, or is this move already too stretched?
#SYN #Trading
Trade plan: SHORT
Entry: $0.1023
SL: $0.1029
TP1: $0.0767
TP2: $0.0766
TP3: $0.0765
