$SYRUP /USDT TECHNICAL ANALYSIS – BULLISH MOMENTUM

The $SYRUP /USDT pair is showing strong bullish momentum after holding above the key support near 0.2372. The price is likely to test resistance levels at 0.2711 and 0.2833. A breakout above these levels could open the path to 0.2928 and 0.2956, signaling continuation of the uptrend.

Trade Setup:

Entry: Long above 0.2601

Take Profit (TP): 0.2711 (TP1), 0.2833 (TP2), 0.2928 (TP3)

Stop Loss (SL): 0.2467

Risk Management: Use a maximum of 2% of trading capital per trade. Maintain a risk-to-reward ratio of 1:2 or higher to safeguard against sudden reversals.

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SYRUP
SYRUPUSDT
0.26962
+12.95%