📉 SHORT SETUP: $SYN/USDT
Initiated a short position on $SYN as the current market structure suggests increasing downside pressure.
🎯 Targets:
• TP1: 0.22
• TP2: 0.15
⛔ Stop Loss: 0.3599
Price has faced a strong rejection from a key liquidity zone and is now consolidating below resistance on the 1-hour timeframe. Momentum continues to weaken, indicating that sellers may remain in control. If current structure holds, a further decline toward lower support levels could follow.
Manage risk accordingly and wait for confirmation before entering.
#SYN #ShortSetup #TechnicalAnalysis
SYNUSDT
Perp
0.26508
+69.56%