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【$SYN Signal】Long | Healthy Cool-down After Explosive Breakout
$SYN After a single-day surge of 65%, it is currently consolidating below a key resistance zone. The market shows healthy profit-taking rather than top distribution, with buying interest continuously absorbing during the LTF pullback.
🎯 Direction: Long
🎯 Entry: 0.095 - 0.100
🛑 Stop Loss: 0.089 ( Rigid stop loss, invalidates the structure if broken )
🚀 Target 1: 0.125
🚀 Target 2: 0.150
Hardcore logic: The price is consolidating at the top of a massive bullish candle, which is a sign of strength. Open interest is rising in tandem, confirming that main funds are entering to push the price up, rather than just short covering. The current pullback has not touched the middle of the bullish candle, indicating a shallow correction, with market sentiment leaning towards reluctance to sell. The consolidation above key support is preparing for the next upward push. Statistically, the first pullback after a strong breakout offers an extremely favorable risk-reward ratio.
Trade here 👇 $SYN
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