SYN is already up more than 100% and I don’t think it will keep pumping like $LAB or $RAVE . Since it's also trading on spot, it looks more likely to follow the path of $STO and see a sharp correction
The chart is still holding its breakout structure and buyers are still defending every small pullback. As long as $0.25-$0.26 keeps holding, there is still room for another leg higher. The next levels I’m watching are around $0.30, then $0.35 and possibly even $0.40 if momentum stays aggressive.
The danger starts if $SYN loses the $0.25-$0.26 support zone. That would be the first real sign that momentum is fading. Once a coin moves this far in such a short time, a breakdown can become very aggressive because there is not much support below current prices.
People think the goal is to short the exact top… It’s not.
Every day we see a coin 50%, 100%, 200% or even 200% on Binance and other major exchanges. No matter the market is bearish or $BTC is dumping, we always see a coin that pumps more than 50%-100% in the last 24H.
How much a coin will pump… it’s not guaranteed. But it’s guaranteed that it will dump 90% within some hours after making a top.
The funny part is that the crash is usually easy to predict. The exact top is not easy to predict.
That’s why no one knows what the exact top of a gainer is until or unless he is an insider or a very big whale.
That’s why I never try to guess the highest candle. I start becoming careful when everyone starts posting crazy targets, calling for new ATHs and acting like the coin can only go up.
Just look at #LAB , #SIREN , #COAI , #RIVER , #BWT and many others. The warning signs were there long before the dump happened.
Most traders lose money because they spend all their energy trying to find the exact top.
The $RWA narrative isnt just hype its being anchored by the most boring and important asset class in existence Bonds.
59% of the entire Active RWA Market Cap is now comprised of bond-backed tokens.
This is the bridge between TradFi and DeFi. Capital isn't just looking for yield its looking for the stability and scale of sovereign and corporate debt.
🟥So guys, there is a huge short liquidation zone around $0.81 on $RE . On the downside, there is also significant liquidity between $0.60 and $0.62. Overall, the short side currently has more liq