SYN/USDT Technical Analysis & Trade Signal
Current Price: $0.8492 (+17.78%)
Trend: Bullish momentum as price is trending upwards (+17.78% in 24h).
Support: $0.7733 (recent low and strong support zone)
Resistance: $0.8927 (near-term resistance level)
Trade Signal:
Entry Point: $0.8492 (current price)
Target Levels:
Target 1: $0.8850 (first resistance level)
Target 2: $0.9000 (psychological resistance, above current high)
Target 3: $0.9200 (higher resistance area)
Stop Loss: $0.8075 (SAR level, potential trend reversal)
Momentum:
Momentum: Strong bullish momentum indicated by the 17.78% price increase over the last 24 hours.
Volume: High trading volume in SYN and USDT suggests sustained buying interest.
The trend is currently in a strong uptrend, and traders could aim for the three target levels mentioned, with a stop loss set just below the SAR level for risk management.
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