$SYN LONG SETUP ... Buyers Are Trying to Push Higher Again
Entry: 0.1900 – 0.1920
TP1: 0.1950
TP2: 0.1980
Final Target: 0.2045
SL: 0.1860
SYN has made a strong move up, climbing from around 0.1638 to a high of 0.2045 before facing some selling pressure. Price pulled back, but buyers stepped in near the 0.1850–0.1880 area and are now trying to build momentum again.
As long as 0.1880 holds, a recovery towards 0.1980–0.2045 is possible.
The price is still facing resistance after the recent rally, so another rejection could lead to more sideways movement. A clean break above 0.1975 would be a positive sign and could give buyers more confidence to push towards the recent high.
Use stop loss. Don't chase the bounce.
Trade on $SYN
Entry: 0.1900 – 0.1920
TP1: 0.1950
TP2: 0.1980
Final Target: 0.2045
SL: 0.1860
SYN has made a strong move up, climbing from around 0.1638 to a high of 0.2045 before facing some selling pressure. Price pulled back, but buyers stepped in near the 0.1850–0.1880 area and are now trying to build momentum again.
As long as 0.1880 holds, a recovery towards 0.1980–0.2045 is possible.
The price is still facing resistance after the recent rally, so another rejection could lead to more sideways movement. A clean break above 0.1975 would be a positive sign and could give buyers more confidence to push towards the recent high.
Use stop loss. Don't chase the bounce.
Trade on $SYN
