📈LONG: #SYNUSD | $SYN by Cryptobees_buzz (4H)
Current Price $0.82
Market Cap $179.33M
Change 1h +0.85% | 24h +2.42%
RSI: 57 - Neutral 🟠

We, as a team of traders, have observed a promising development for Synapse. It has long bounced off the support level and recently broke through a descending trendline. This may lead to a bullish movement towards the resistance level at 0.945. #Synapse #technicalanalysis #bullish #trading

Synapse's community: @synapseprotocol

📊NEUTRAL: $SYN by MyCryptoParadise (12H)
#SYNUSDT | #SYN | #Synapse
Current Price $0.62
Market Cap $135.32M
Change 1h +0.08% | 24h -0.81%

Current Indicators:
• RSI: 42 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.67 - Below 🔴

Analysis:
SYNUSDT seems poised for a significant move! The chart highlights a key demand area and an ongoing price reclaim, indicating a potential upward trend. The crucial CHoCH area at $0.650 is in focus—can SYN break this level and flip from bearish to bullish?

Price Targets:
Keep an eye on $0.650 for initial resistance, followed by targets at $0.750, $0.815, and $0.950 on the higher side. Strong support at $0.5821 provides a safety net, while a bearish invalidation occurs below $0.500. Happy trading! 🚀

Synapse's community: @synapseprotocol