🚀 $SYN /USDT: BULLISH BREAKOUT IN PROGRESS 🚀📈
The $SYN /USDT pair has shown impressive momentum, currently trading at $0.6635, marking a significant 16.36% increase. The recent price action highlights strong buying interest, with a peak at $0.6888 and a low of $0.5632. This bullish movement is supported by robust market activity, indicating a clear upward trend. Traders should note the consolidation around the $0.6635 level, which may act as a support for the next leg up. If the price breaks above the $0.6888 resistance, it could target the $0.70 mark.
For those looking to capitalize on this momentum, consider entering long positions at the current level with a take profit (TP) at $0.70 and a stop loss (SL) at $0.63 to manage risk effectively. Conversely, if the price dips, look for buying opportunities in the $0.60-$0.63 range. The overall market sentiment remains bullish, driven by the positive performance in the DeFi sector. Stay vigilant and ready to act on the next breakout! 📊🚀