The fact that SYN is holding above 0.04670 is a massive show of strength, and I'm watching closely as it sweeps through the order block at 0.05170 - this is a crucial level that could lead to a significant breakout.
From a technical standpoint, the higher timeframe (HTF) is looking bullish, with the RSI at 33 indicating that we're due for a bounce. Volume is relatively average at 1.0x, but the SMC Score of 4.8/10 suggests that there's still room for growth. The OB+FVG Sandwich zone is also a key area to watch, as it could provide support for a potential rally.
Here are the trade levels:
- Entry: 0.05170
- Take Profit 1: 0.05411 (RR 1.7x)
- Take Profit 2: 0.05774 (RR 4.2x)
- Stop Loss: 0.05025
I'm long $SYNUSDT, targeting 0.05411 for a quick gain, and I'm confident that the HTF strength will carry us through.
Followers, keep a close eye on these levels and let's ride this wave together!
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