Update:
The SYN support level at $1.12 has been successfully defended. If the price maintains this level, the first target is the recently broken local support level at $1.33, which is now acting as resistance.
Breaking this resistance and the price moving above the $1.33 level paves the way for further increases.
Good luck with your trading!
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Key Levels and Targets #Synapse
1. Resistance Levels:
The current price is heading towards retesting the resistance at $1.7. 🚀📈
If this resistance is successfully breached, the next target lies at $2.34.
2. Key Resistance Zone:
Beyond the immediate resistance, there’s a crucial level in the vicinity of $2.76 to $3.
This zone represents a substantial barrier that #SYN to overcome for further bullish momentum.
3. Local Support Levels:
The nearest local support can be found around $1.33 to $1.3.
A bounce from this support area could provide a foundation for potential upward movement.
Please observe the breakout above the resistance at $1.7, which may pave the way for further growth. 🚀📈
Good luck with your trading 🚀📈
