$SYN /USDT BULLISH BREAKOUT CONTINUATION
Market Structure & Momentum
SYN/USDT has shifted market structure from accumulation to expansion, showing strong bullish intent. Price has broken above the previous consolidation range with high momentum, confirming demand dominance. Higher highs and higher lows indicate trend continuation rather than a dead-cat bounce.
Indicator Insight
EMA / MA: Price is holding firmly above key moving averages, which are starting to slope upward, acting as dynamic support.
Volume: Significant volume inflow supports the breakout, validating strength behind the move.
Resistance Flip: Prior resistance has been converted into support, strengthening bullish continuation probability.
Trade Plan – LONG SETUP
Entry Zone: Pullback toward the bullish support region
Targets:
TP1: 0.1088
TP2: 0.1264
TP3: 0.1441
Stop Loss: Below 0.0735 (structure breakdown level)
Risk Management
Use partial profit booking at each target, keep risk per trade limited, and move stop loss to breakeven once TP1 is secured.
#TechnicalAnalysis #BullishTrend #BreakoutTrading #MovingAverages #CryptoMarket $SYN