$SYN Short Trade Plan After Sharp Rally📉⚡
$SYN has rallied +72% in 24H and is now approaching the 24H high (~0.1169) and key resistance at 0.1160. Such sharp pumps often see a pullback or consolidation, offering a short opportunity at resistance.
🎯 Short Trade Levels
Action Price
Entry Zone 0.108– 0.116
Stop Loss 0.1180
Take Profit 1 $0.0988
Take Profit 2 $0.0891
Take Profit 3 $0.0800
📊 Technical Context
MACD is positive but may show divergence if price fails to break above 0.1160.
Volume is high – could signal potential exhaustion if buying slows.
✅ Execution & Risk Rules
Wait for a 15min or 1hr candle rejection near $0.1160 before entering.
Risk per trade: 1–2% of capital.
Move stop loss to breakeven once TP1 is hit.
Scale out partial positions at each TP.
Invalidation: If price breaks and closes above $0.1180, the short setup is invalid.
Click Short here👇
#SYN #C150 #ShortTrade #MeanReversion