Synapse (SYN) is a small-cap altcoin making waves in the crypto trading space. Price is bouncing around $0.068–$0.098, with key support at $0.065–$0.070 and resistance near $0.095–$0.10.
Trading volume has spiked, but liquidity is thin, meaning large trades can move the market quickly. Momentum indicators are neutral, signaling consolidation rather than a strong trend.
Market cap is around $14M, so SYN reacts sharply to news and social sentiment. Recent FUD caused pullbacks, while genuine ecosystem updates could spark moves.
Trading approach:
Buy near support: $0.065–$0.070 with tight stops
Breakout target: Above $0.10 with volume confirmation
Profit exit: $0.095–$0.10, using trailing stops
In short: high volatility, thin liquidity, but clear short-term trading opportunities for nimble traders. Risk management is key.