The current price of $SYN /USDT is $0.6409, showing a +27.59% increase.

$SYN Market Insights:

Strong Uptrend: SYN has experienced a significant price surge, indicating bullish sentiment.

Support Level: $0.5500 could act as a potential support level in case of any price retracement.

Resistance Level: $0.7000 is the next key resistance level to monitor for potential selling pressure.

Trading Strategy:

Bullish Traders: If SYN continues to gain momentum, consider holding positions or looking for entry points near $0.6000.

Bearish Traders: Watch for a reversal at $0.7000, as a failure to break above this level might signal a correction.

Stop Loss:

For long positions, set a stop loss just below $0.6000 to manage downside risk if the price pulls back.