$SYN broke out from the 0.0396 support zone and initially faced a correction as early buyers locked in profits. Instead of collapsing, the 1H chart entered an accumulation phase where sellers gradually lost control, setting the stage for another breakout that has now pushed price to 0.0481 👀
Setup: • Entry: 0.0470 – 0.0485
• Target 1: 0.0500 🚀
• Target 2: 0.0530 🔥
• Target 3: 0.0570 💰
• Stop-loss: 0.0445
RSI around 90.51 shows momentum is extremely strong after the latest breakout phase. Right now this feels like one of those charts where a breakout leads to correction, correction leads to accumulation, and accumulation leads to another momentum expansion. This type of structure often keeps traders interested, and if buyers continue absorbing dips near the current range, the bullish continuation could extend further on the 1H timeframe 📈
Trade #SYN here
SYN
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