SYRUP Technical Analysis Feb 18
The post SYRUP Technical Analysis Feb 18 appeared on BitcoinEthereumNews.com.
SYRUP is approaching critical support levels at 0.24$, with RSI at 31 giving an oversold signal; however, recovery chances appear limited under Bitcoin’s bearish pressure. Market Outlook and Current Situation SYRUP is trading at 0.24$ with a 3.99% drop over the last 24 hours, stuck in the 0.23$-0.25$ daily range. Volume has declined to 9.57 million dollars, signaling reduced market interest. The overall trend is under clear bearish dominance; the price continues to stay below EMA20 (0.28$), maintaining its short-term weakness. This situation parallels the Bitcoin-focused contraction in the altcoin market. In mid-February, SYRUP became a victim of a broader market correction and suffered nearly 20% loss from its peaks seen in recent weeks. While market-wide volatility remains at low levels, SYRUP’s downtrend is supported by multi-timeframe confluence. On the 1D chart, the price stays far from the 0.31$ resistance where the Supertrend indicator gives a bearish signal. The volume drop indicates that buyers have not yet entered; this increases the likelihood of consolidation or a deeper pullback in the short term. Investors should review their positions by checking the details of SYRUP Spot Analysis. There is no significant news flow for SYRUP recently; this makes price movements dependent on technical factors. For those awaiting an altcoin rally, SYRUP’s current position looks like a patience-requiring waiting game. While market sentiment leans neutral-bearish, the decline in global risk appetite continues the pressure. Technical Analysis: Levels to Watch Support Zones The strongest support level stands out at 0.2328$ (score: 79/100); this level captures confluence across 1D, 3D, and 1W timeframes. If the price pulls back here, a short-term base formation may be possible, but it may not hold without increased volume. Lower supports are identified as part of 12 strong levels in MTF analysis; for example, a three-support cluster on 1W points…
Filed under: News - @ February 19, 2026 4:29 am