🔴 $SYN SHORT SETUP — RESISTANCE REJECTION IN PLAY 🔴
$SYN is approaching a key resistance zone where a bearish rejection could create an attractive short opportunity. The focus is on confirmation, not anticipation. 📉⚡
📍 Current Price: $0.03995
🎯 Entry Zone: $0.04050 – $0.04150
⚠️ Entry Triggers:
• CHoC + BOS below $0.0390
• OR 2–3 rejection candles around $0.0410–$0.0420
• Prefer a 15m bearish candle close with increasing sell volume
📊 Execution Plan:
• 50% position at $0.04000
• 50% position at $0.03850 on a support retest
🛑 Stop Loss: $0.04350
• Above the resistance zone
• Protects against a breakout and potential short squeeze
🎯 Take Profit Targets:
✅ TP1: $0.03700 (-7.4%)
📌 First support level and initial profit-taking area
✅ TP2: $0.03300 (-17.4%)
📌 Major liquidity cluster and key downside objective
✅ TP3: $0.03082 (-22.8%)
📌 Capitulation zone and final target
Patience is the edge. Wait for the rejection to confirm before entering, and let the market come to your levels. If sellers take control, the move toward lower liquidity zones could unfold quickly. 🔥📊
Trade smart, protect capital, and stick to the plan.
#SYNUSDT #CryptoTrading #ShortSetup #BinanceFutures #RiskManagement
