Technical analysis of SYN$SYN ‌ USDT: Assessing the potential bottom



It appears that the pair has completed an impulsive Elliott Waves structure (5 waves) followed by an ABC correction. After breaking the 0.1281 level and sweeping sell-side liquidity below it, the market still needs a clear bullish confirmation signal, as no confirmed displacement has appeared yet.

The expected scenario:
If the price manages to reclaim the 0.1948 level, this would strengthen the hypothesis that a bottom has formed and the market is entering a phase of upward accumulation.

Expected quarter targets:

· TP1: 0.1650 – 0.1750 (the first gap zone and short-term resistance)
· TP2: 0.1948 – 0.2050 (daily resistance with a possibility of a sell-orders block)
· TP3: 0.2450 – 0.2650 (a swing high on the 1-hour timeframe and a strong price-display range)

🗂️ Symbol: $SYN ‌USDT
📌 Risk management: It is recommended to set an appropriate stop-loss below the recorded bottom.

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$SYN
#syn ?
SYN-15.36%
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CakeAngel
· 1h ago
The bull market is in full swing 🐂
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CakeAngel
· 1h ago
The bull market is in full swing 🐂
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ShainingMoon
· 6h ago
To The Moon 🌕
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ShainingMoon
· 6h ago
To The Moon 🌕
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ShainingMoon
· 6h ago
2026 GOGOGO 👊
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