$SYN Explodes 50%: Breakout or Trap?
Synapse ($SYN ) is currently the top gainer on Binance, pumping over 50% while the rest of the market bleeds. This is a classic capital rotation. Volume is confirming the move, but chasing a vertical green candle is how you become exit liquidity.
The cross-chain narrative is heating up again, and #Synapse is leading the charge. However, the RSI is screaming overbought on lower timeframes.
Do not FOMO in at the top. Let the impatient retail traders buy your bags. Real gains are made on the retest, not the pump. Watch the #DEF i sector closely; this liquidity might flow into laggards next. $SYN #AltcoinSeason, #tradingStrategy , #CryptoGainers
Viewers-Only Trading Tips:
Retracement Entry: Set limit orders at the 0.618 Fibonacci retracement level of the current pump (likely around $0.085) rather than market buying now.
Volume Spotting: If volume drops significantly on the next 15-minute candle while price stalls, exit immediately; it’s a distribution top.