$SYN IS SHOWING EXHAUSTION AFTER AN 8X RUNUP FROM THE BOTTOM 📉
Entry: Current Price 🔥
This move has been parabolic, but the momentum is finally stalling out. Whales have been distributing their holdings for the past 48 hours, and while the price is still grinding higher, the volume is noticeably drying up.
I have already closed my long positions and initiated a short here. I am splitting my volume into two entries to account for potential volatility during this transition. Do you think this is the top or just a local pullback?
Not financial advice. Always manage your risk.
#SYN #ShortSetup #Crypto #MarketAnalysis
🎯
Entry: Current Price 🔥
This move has been parabolic, but the momentum is finally stalling out. Whales have been distributing their holdings for the past 48 hours, and while the price is still grinding higher, the volume is noticeably drying up.
I have already closed my long positions and initiated a short here. I am splitting my volume into two entries to account for potential volatility during this transition. Do you think this is the top or just a local pullback?
Not financial advice. Always manage your risk.
#SYN #ShortSetup #Crypto #MarketAnalysis
🎯