This chart highlights three cryptocurrencies with notable price movements: SYN (+27.15%), DAR (+22.47%), and REQ (+17.01%). Given their strong intraday performances, let's analyze potential trading opportunities:
1. $SYN (Current Price: $0.665)
SYN shows the highest growth (+27.15%), suggesting significant momentum. A long entry can be considered if it sustains above $0.670, with a target of $0.75 and a stop-loss at $0.630. For a short position, wait for a breakdown below $0.630 and target $0.590.
2. $DAR (Current Price: $0.18688)
DAR's moderate gain (+22.47%) indicates potential continuation. Go long if it holds above $0.190, aiming for a target of $0.215 with a stop-loss at $0.175. A short entry is viable below $0.175, targeting $0.160.
3. $REQ (Current Price: $0.1438)
REQ's steady gain (+17.01%) makes it a candidate for cautious trades. Consider a long position above $0.145 with a target of $0.165 and a stop-loss at $0.135. For a short, initiate below $0.135, targeting $0.120.
General Note:
Momentum suggests bullish sentiment, but always confirm entries with volume and candlestick patterns to avoid false breakouts. Use proper risk management and position sizing.
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