💎 SYN has recently demonstrated significant market dynamics. After a notable bounce from the support area, there's potential for the price to resume its upward movement and retest our target strong resistance area.
💎 However, if SYN returns to test the support again and fails to bounce, this could be a concerning sign.
💎 A failure to bounce might indicate weakness, potentially leading to a breakdown below the support level.
💎 In such a scenario, SYN could see further downward movement, with the next support level likely around 0.587.
💎 However, if SYN returns to test the support again and fails to bounce, this could be a concerning sign.
💎 A failure to bounce might indicate weakness, potentially leading to a breakdown below the support level.
💎 In such a scenario, SYN could see further downward movement, with the next support level likely around 0.587.
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.