$SYN 0.5442, behind the 24-hour 40% surge, I see that the bottom chips from yesterday's 0.3851 haven't been fully distributed. Among the $31.64 million in trading volume, retail chase orders account for 70%, and my holdings below 0.4 have already set sell orders above 0.56 waiting to be filled.


Don't rush to chase highs, let me explain this wave's trading logic. Yesterday, in the 0.38 to 0.40 range, I accumulated 35% of my total position in 5 batches, with an average cost of 0.412. After the push to 0.5, I sold 15% to do a T (trade), bringing my holding cost down to 0.38. Currently at 0.544, the high at 0.564 is the 24-hour high and also a dense area of trapped positions from previous weeks. I calculated that as long as volume surges near 0.56 to break above 0.57, those trapped positions will turn into stampede-like selling pressure — that will be my third distribution point, aiming to clear 40% of my position.
If novices chase now, set stop loss at 0.52; if it breaks, it will retrace to 0.48. If you want to follow my trade, wait for a retrace to near 0.5 to enter one-tenth position, and exit if it breaks below 0.485. Take profit in two tiers: first tier, exit half at 0.56; second tier, clear all at 0.58. Remember, this surge is aimed at liquidating shorts. The 24-hour low of 0.3851 directly pulled up 40%, and shorts have already been knocked out by half.
I'm not one to post much on the plaza, but the chart of $SYN is too typical — after the three-piece set of whale accumulation, pump and dump, and washout, the next step is a sharp drop at the end of distribution. The spike at 0.3851 is a real bottom, but whether the top at 0.564 can be broken depends on whether volume can exceed 0.55 tonight. The chart doesn't lie.
SYN60.98%
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