Long-term trading signal for price $SYRUP /USDT - the upward trend is still intact
The price of $SYRUP shows steady strength, currently trading at $0.5288, up 3.02% over the day. The price reached a 24-hour high of $0.5297, and trading volume remains strong, with 57.01 million units of SYRUP traded and $28.67 million of USDT.
Trading settings:
Entry zone: $0.5200 - $0.5280
Target 1 (TP1): $0.5450
Target 2 (TP2): $0.5630
Final target (TP3): $0.5850
Stop loss: $0.5020
Why buy?
The price of SYRUP is stabilizing above the key support level at $0.5200, forming higher lows on the hourly and four-hour charts. Its breakout above $0.5250 has confirmed the continuation of the upward trend, and with trading volume remaining stable, the price action favors the bulls. As long as the price of SYRUP stays above $0.5120, further increases are expected.
Watch for a confirmed breakout above $0.5300 to trigger greater momentum towards the next resistance areas.
Buy and trade here on $SYRUP
{future}(SYRUPUSDT)