$SYN Signal

SYN
SYNUSDT
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