🚨$SYN SYN/USDT UNDER PRESSURE: Sh
arp Decline Alert! 🚨
SYN is facing a significant drop, trading at $0.4636, down -10.22%, as the market sentiment weakens. After hitting a 24-hour high of $0.5240 and a low of $0.4448, trading activity remains strong with 9.17M SYN volume and $4.35M USDT in trades.
🔥 Key Levels to Watch:
🚧 Resistance: $0.4800 – A recovery above this level is crucial to halt the bearish momentum.
📉 Support: $0.4450 – Holding this level is vital to avoid further downside.
🎯 Targets for Bulls:
1️⃣ $0.4700 – Immediate recovery target.
2️⃣ $0.5000 – Key resistance zone.
3️⃣ $0.5250 – Bullish breakout zone for a reversal.
⚡ Market Sentiment: SYN continues to face selling pressure, but holding the $0.4450 support zone could signal a potential rebound. A breakout above $0.4800 is needed to regain bullish momentum.
💹 Next Move: Monitor SYN/USDT closely for any signs of stabilization or further breakdown. Trade cautiously on Binance!