$SYN is trading around 0.0865 after a sharp +18% daily surge, signaling a decisive shift in short-term sentiment. On the 15-minute chart, price has reclaimed and held above the MA60 near 0.0852, turning a former resistance into a solid intraday support. The structure shows higher lows forming after a deep liquidity sweep toward the 0.084 area, a classic sign of aggressive dip absorption. Volume expansion on green candles confirms real participation rather than a thin bounce, while declining sell pressure hints at exhaustion from bears. Resistance remains near the psychological 0.10 zone, where earlier rejection occurred, but the current consolidation just below 0.087 suggests strength, not weakness. As long as SYN holds above the 0.085 support band, the path remains tilted toward continuation, with momentum traders watching for a clean break and acceptance above recent highs.
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SYN
0.0722
-6.47%