[$SYN Signal] Long + Short Squeeze Opportunity After 4H Breakout

$SYN 0.6525, after breaking through the 4H Bollinger Band upper rail at 0.6429, buying momentum was insufficient. RSI 71, 1H MACD histogram shrinking. Order book sell depth 58%, funding rate 0.084% at a relatively high level. OI stable, weak support at high levels, but persistently high funding rate may trigger short covering. Tight stop loss, risk/reward ratio 1.5, worth a try.
🎯Direction: Long
⚡Entry/Pending Order: 0.6506 - 0.6526
🛑Stop Loss: 0.6460
🚀Target 1: 0.6624
🚀Target 2: 0.6673
🛡️Trade Management: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect principal.
Under the pressure of sell depth, if the price holds firm, the short squeeze logic stands, but beware of long profit-taking flooding in. Closely monitor whether the 1H RSI drops below 70.
Check real-time quotes 👇 $SYN
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