$SYN breaking down hard through support.
SHORT $SYN
Entry: 0.4950 - 0.5050
S.L: 0.5350
TP 1: 0.4600
TP 2: 0.4350
Full tp: 0.4050
Thesis:
$SYN showing massive selloff after rejecting the recent high, breaking through multiple support levels with strong bearish momentum. Price currently trading near 0.49582 after collapsing below key support zones, confirming sellers in full control. Next major support sits at lower demand area with volume accelerating the downtrend.
SHORT $SYN
Entry: 0.4950 - 0.5050
S.L: 0.5350
TP 1: 0.4600
TP 2: 0.4350
Full tp: 0.4050
Thesis:
$SYN showing massive selloff after rejecting the recent high, breaking through multiple support levels with strong bearish momentum. Price currently trading near 0.49582 after collapsing below key support zones, confirming sellers in full control. Next major support sits at lower demand area with volume accelerating the downtrend.