【$SYN Signal】Bearish traders continue to subsidize, 1H steady rebound entry


$SYN Funding rate -0.43%, short positions have high holding costs. The 1H MACD histogram remains negative but narrows, selling pressure diminishes. The 4H Bollinger Band middle line at 0.1709 serves as strong support, with room below the middle line. Buy order depth is greater than 1.11, and there are active support orders below.

🎯Direction: Long

⚡Entry/Order: 0.2595 - 0.2603

🛑Stop loss: 0.2473

🚀Target 1: 0.2798

🚀Target 2: 0.2896

🛡️Trade management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

Negative fee rate combined with stable open interest indicates that there has been no large-scale short covering. Once the price stabilizes and rebounds, it could easily trigger a short squeeze. The 4H RSI is at 71 but not extremely overheated; the 1H RSI has fallen from a high level to 62, indicating a short-term correction structure is complete. Personal judgment suggests the current risk-reward ratio is 1.5, making the execution highly valuable.

View real-time market 👇 $SYN
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