Based on the provided chart:
Analysis:
1. $SYN (0.6537, +27.65%): The significant upward momentum indicates strong buyer interest. Entering now may carry risk due to potential retracement.
Long Entry: Wait for a retracement to $0.6200.
Stop Loss: $0.5800.
Target: $0.7000.
2. $DAR (0.1854, +24.42%): DAR has surged, indicating bullish sentiment but might face resistance soon.
Long Entry: Consider entry at $0.1750 after a pullback.
Stop Loss: $0.1600.
Target: $0.2000.
3. $SXP (0.3607, +21.73%): With steady gains, SXP shows potential for continuation.
Long Entry: Entry is ideal near $0.3450.
Stop Loss: $0.3200.
Target: $0.4000.
Short Position Note:
Avoid shorting any of these assets now due to the strong upward momentum. Wait for confirmation of trend reversal, such as bearish candlestick patterns or volume decline.
General Advice:
Always assess market conditions before entering trades, as sudden news or sentiment shifts could impact performance. Use appropriate position sizing to manage risk.
#SolvProtocolMegadrop #BTCBelow92K #MicroStrategyStockSale #DEXVolumeRecord