🚀Here’s a full technical analysis and trade signal for $SYN
/USDT:🚀💯
Technical Analysis:
Current Price: $0.0757 (+21.12%)
24h High / Low: $0.0789 / $0.0604
Volume (24h): SYN: 34.51M | USDT: $2.51M
Moving Averages:
MA(7): 0.0680 → Price above → short-term bullish
MA(25): 0.0687 → Price above → mid-term bullish
MA(99): 0.0760 → Price slightly below → long-term neutral/bullish
Trend Analysis:
Strong short-term momentum after a 21% surge.
Price above short-term and mid-term MAs → bullish continuation likely.
Immediate resistance at $0.0789 (24h high) may slow the next move.
Support & Resistance:
Support: $0.070 (MA7), $0.068 (MA25)
Resistance: $0.0789 (24h high), $0.0835 (next psychological level)
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Trade Signal:
Entry Zone: $0.072–$0.074 (buy near support for better risk-reward)
Targets:
1. Target 1: $0.0789 (24h high)
2. Target 2: $0.0835 (next resistance / psychological level)
3. Target 3: $0.088–$0.090 (potential breakout zone)
Stop Loss: $0.0675 (below MA25 / key support)
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Pro Tip:
Avoid buying at peak; wait for minor pullbacks to support for better entry.
Watch for a breakout above $0.079 on strong volume for potential accelerated gains.
Keep an eye on overall DeFi market sentiment, as SYN often follows broader market trends.