$SYN 24 hours from 0.048 to 0.097, now at 0.0835, those chasing the high have already been buried by more than 15%. This old trick of pumping and trapping, I only look at one data point: a trading volume of 102 million, the turnover rate has already been overstretched, and next is a consolidation and distribution phase.

First, let me share my plan. Currently, I have no position, waiting for the range confirmation. The entry zone is set at 0.075-0.078, which is the 24-hour retracement to the 0.618 Fibonacci level, also the upper boundary of the previous dense trading area. If it doesn’t reach that, I won’t trade.
Stop-loss is uniformly placed at 0.068, breaking below means the bullish structure has failed, and it’s time to exit. Take-profit is divided into two levels: the first target at 0.095, the second at 0.105. Don’t ask me why it can reach there, I only do what’s within the plan.
Position size is controlled at 5% of total funds, because with such high-volatility coins, a spike can mean a 20% fluctuation, heavy holding is just giving away money.
Some might ask: Is it okay to enter now at 0.0835? The last person who entered at 0.09 is still blowing in the mountain top. Discipline-minded traders who buy low and sell high don’t chase the pump, that’s my iron rule, and also the only reason you’re still alive.
Interaction hook: Do you think $SYN is truly breaking out this time or just a false move to distribute? Drop your bet in the comments, I want to see how many are betting against you.
By the way, I’m that kind of old trader who placed an order at 0.048 but didn’t get filled, now I no longer worry about missing out. There are opportunities every day in the market, staying alive is more important than anything.
No trading outside the plan.