$SYN recorded a $1.30K long liquidation at $0.2422, signaling that leveraged bulls were forced out as sellers briefly took control. This liquidation resets excess leverage and could pave the way for a cleaner trend once support is established.
Support: $0.238–0.240
Resistance: $0.246–0.250
Next Target: $0.258+ on a confirmed breakout.
Watch for a strong reaction around support before considering fresh long positions. Confirmation is more important than speed.
Protect your capital with disciplined risk management.
