SYRUP Approaches Critical Resistance at 0.4016 Amid Bullish Short-Term Structure
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 12 2026- Price Rebound: SYRUP has rebounded sharply from the long-term support zone of 0.24–0.26, forming a higher low that indicates diminishing seller strength, potentially setting the stage for further upward movement.
- Critical Resistance Test: The price is currently near the descending trendline around 0.39–0.40, and a breakout above 0.4016 could confirm a reversal, potentially leading to a significant price increase with targets up to 0.4575.
- Market Structure Analysis: The daily chart indicates that the price has been operating within a descending channel, reflecting controlled selling pressure, and market participants should focus on confirmation signals to avoid misjudgments.
- Risk Management Framework: Immediate support is at 0.3497, and a failure to hold this level may expose the price to a deeper pullback towards 0.3109, necessitating traders to closely monitor reactions in this area.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
