🚨 $SYN up +38% today, RSI sitting at 87 — that's deep overbought territory, not a "buy now" signal.
This token already did a 1000%+ run in June on Hypercall hype (Synapse's options platform pivot), spiked to $0.71, then crashed 65%+ back to $0.14 range.
Today's pop looks like the same speculative energy returning, not fresh fundamentals — bridge volume is still tiny.
MACD just crossed bullish, momentum's real short-term. But RSI this hot usually means a pullback before continuation, not straight-line gains.
Entry: wait for RSI to cool toward 60–65, not chasing the top
Target: 0.29 (prior swing high), stretch 0.32
Stop: below 0.21
Letting this breathe before touching it.
DYOR | NFA
#SYN #CryptoTrading
This token already did a 1000%+ run in June on Hypercall hype (Synapse's options platform pivot), spiked to $0.71, then crashed 65%+ back to $0.14 range.
Today's pop looks like the same speculative energy returning, not fresh fundamentals — bridge volume is still tiny.
MACD just crossed bullish, momentum's real short-term. But RSI this hot usually means a pullback before continuation, not straight-line gains.
Entry: wait for RSI to cool toward 60–65, not chasing the top
Target: 0.29 (prior swing high), stretch 0.32
Stop: below 0.21
Letting this breathe before touching it.
DYOR | NFA
#SYN #CryptoTrading
