Technical Analysis for $SYN

/USDT:

Current Price: $0.6055 (+13.45% in 24h)

24h Range: $0.4962 - $0.6850

Moving Averages:

MA(7) = $0.6002

MA(25) = $0.6002

MA(99) = $0.5639

Momentum: Positive momentum with a +13.45% gain in the last 24 hours, suggesting a bullish trend.

RSI: The RSI is likely in a neutral to slightly overbought region, which could suggest a short-term pullback or continuation.

Trade Signals:

Buy Signal: A breakout above $0.6250 (recent 7-day price) could trigger further upside momentum.

Sell Signal: A drop below $0.4962 (24h low) might signal a reversal or further decline.

Target Levels (🎯):

1. First Target: $0.6250 – Near the 7-day high, a potential resistance level.

2. Second Target: $0.6500 – Intermediate resistance based on price action.

3. Third Target: $0.6850 – 24h high and a critical level for further bullish confirmation.

Momentum: Currently positive, but monitor closely for signs of pullback or consolidation before entering new positions.

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