$SYRUP is showing strong bullish momentum (+7.44%), challenging the MA 99 ($0.2447). While the price action is aggressive, indicators suggest a short-term ceiling.
LONG
$SYRUP Entry Zone: $0.230 – $0.238
Stop-Loss: $0.215
Targets: $0.265 | $0.290 | $0.320
Price is above MA 7 ($0.236) and MA 25 ($0.218). However, RSI(6) is at 76.68 (Overbought), and volume is slightly below average. It needs a high-volume close above $0.245 to sustain the pump.
Verdict: Bullish but overextended. If it rejects at the MA 99, expect a dip to $0.236. A solid break above $0.245 targets $0.265+.
Trade
$SYRUP here 👇
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