$SYN has retraced by 29.51%, currently priced at roughly $0.08. This correction is largely attributed to massive profit-taking after a staggering 72% rally last week. Technical indicators like the RSI-14 recently hit extreme "overbought" levels (above 85), signaling that a pullback was imminent. Investors are now watching the $0.074 level to see if it provides historical support.
#Synapse #SYN #CrossChain #CryptoCorrection #TradingSignals