$SYRUP ๐ ๐ BULLISH MOMENTUM ๐ฅ ๐ฅ
๐ Technical Analysis
Trend: Short-term recovery from local low
Structure: Forming a bullish flag โ breakout potential high
Support Zones:
๐ Minor: $0.3720
๐ก๏ธ Strong: $0.3540
Resistance Zones:
๐ Immediate: $0.3980
๐ Major: $0.4260
RSI: 61 (Bullish territory, still below overbought)
MACD: Bullish crossover on 4H chart
MA20 vs MA50: Price just crossed above both โ momentum confirmed
๐งญ Trading Strategy
๐ Short-Term Scalping
๐ฅ Entry Zone: $0.3800โ$0.3860
๐ฏ TP1: $0.3980
๐ฏ TP2: $0.4100
๐ SL: Below $0.3700
๐ง Strategy: Fast execution โ watch volume spikes
๐ Swing Trade
๐ฅ Entry: On breakout and close above $0.3980 with confirmation
๐ฏ TP1: $0.4260
๐ฏ TP2: $0.4450
๐ SL: Below $0.3640
๐ Strategy: Use trailing stop above $0.4100
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