Synapse (SYNUSDT) Primed for the Next Big Move🚀 Synapse (SYNUSDT) Primed for the Next Big Move? 🌉
Hey, fellow traders and Synapse enthusiasts! Let's break down an intriguing setup for SYN/USDT on the 9-hour chart! 📈
Current Price: $0.5882
💥 Resistance Ahead? We’re keeping a close eye on the resistance zone (R) just above $0.59, as breaking past this level could open up the door to our potential Take Profit 1 (TP1) at $0.8326. This range holds substantial liquidity and could set the pace for a bullish breakout.
🔥 Target Levels:
TP1: $0.8326 – First milestone, where momentum may consolidate.
TP2: $1.0143 – Strengthening buyer interest.
TP3: $1.25 – Eyeing mid-level resistance for the next phase.
TP4: $1.60 – 🚀 Moon mission confirmed?
📉 Pullback Potential: There's notable support around $0.55, giving SYN a solid foundation for any retests. Key long-term holders and smart money may be accumulating here. A dip could be a smart entry for risk-managed positioning.
🧠 Projection Confidence: Moderately Strong – aligning with historical support zones, Fibonacci levels, and volume trends.
Is this the moment SYN climbs the ladder of price targets, one by one? Stay tuned as the Synapse ecosystem evolves. Watch for confirmations, and always remember – good risk management is key! 🛡️💪