$SYN Signal

SYNUSDT
Perp
0.04707
-5.44%
EP: 0.09850 - 0.09920
SL: 0.10100
TP1: 0.09750
TP2: 0.09670
TP3: 0.09400
Technical Analysis
The trend on this micro-timeframe is clearly bearish as the price consistently fails to break above the middle Bollinger Band (0.09924), which now acts as dynamic resistance.
The MACD confirms this downward momentum with a bearish crossover, and the widening of the bands suggests that the volatility is favoring the sellers. If the price breaks the recent support at 0.09750, a rapid decline is expected as long holders begin to hit their stop-loss orders.
NFA #SYN