🔥 $SYN Bullish Breakout Setup After Long Liquidation
$SYN just swept weak longs with a liquidation hit at $0.05084, clearing over $1.07K in leverage. These quick flushes often mark the end of short-term fear and open the door for a steadier upside move.
Market Structure
Price is defending the $0.0495 – $0.0505 demand zone, a former resistance pocket now acting as support. Sellers are losing momentum around this area.
Trade Plan
EP: $0.050 – $0.051
TP: $0.056 → $0.062 → $0.069
SL: $0.0472
Sentiment
Leverage has been trimmed and funding cooled after the sweep, which keeps the breakout cleaner. A firm reclaim above $0.052 would confirm strength for SYN.
Trade with patience and let structure guide the move.
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SYN
0.0506
+5.63%