$SYN /USDT Analysis and Trade Signals

Current Price: $0.5867

Resistance: $0.6006 - $0.6200

Support: $0.5772 - $0.5800

Lower Support: $0.4000 - $0.4500

Trade Signals:

Long Trade: Consider entering above $0.6006, with targets at $0.6500 and $0.7000. Stop loss at $0.5772.

Short Trade: Enter below $0.5772, with targets at $0.5000 and $0.4500. Stop loss at $0.6006.

Summary:

SYN/USDT is showing potential for further downside movement if the price breaks below the $0.5772 support level. Traders should be cautious of any bearish breakout that could drive the price down towards the $0.5000 - $0.4500 range. On the upside, a break above $0.6006 could see the price retesting higher levels near $0.6500 and $0.7000. Keep an eye on these levels for potential entry points and adjust your strategy accordingly.

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