Technical Analysis

SYRUP Technical Analysis 1 February 2026: RSI MACD Momentum

SYRUP

SYRUP/USDT

$0.3042
-7.34%
24h Volume

$18,738,519.90

24h H/L

$0.3283 / $0.2766

Change: $0.0517 (18.69%)

Funding Rate

+0.0003%

Longs pay

Data provided by COINOTAG DATALive data
SYRUP
SYRUP
Daily

$0.3054

-0.16%

Volume (24h): -

Resistance Levels
Resistance 3$0.3710
Resistance 2$0.3395
Resistance 1$0.3058
Price$0.3054
Support 1$0.2944
Support 2$0.2766
Support 3$0.2372
Pivot (PP):$0.306067
Trend:Downtrend
RSI (14):38.5
SC
Sarah Chen
(07:09 PM UTC)
5 min read
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SYRUP shows momentum weakness as it approaches the oversold region with RSI at 36.46; MACD sustains bearish pressure with a negative histogram and confirms the downtrend by trading below EMA20.

Trend Status and Momentum Analysis

SYRUP's current price is positioned at the 0.30 dollar level, despite recording a slight 1.75% rise in the last 24 hours, the overall trend structure exhibits a clear downtrend. Momentum indicators, especially when examined through RSI and MACD, clearly reveal underlying weakness. The daily range is stuck between 0.29-0.31 dollars and volume is at medium levels with 14.59 million dollars, indicating that no strong buying or selling push has formed yet. The Supertrend indicator gives a bearish signal, emphasizing the 0.39 dollar resistance. Momentum confluence reinforces short-term weakness with the long-term downtrend; as long as the price remains below EMA20 (0.34 dollars), expecting an upward momentum shift becomes difficult. The volume profile finds support with decreasing volume in recent declines, but the lack of volume confirmation in rise attempts limits trend strength.

RSI Indicator: Buy or Sell?

RSI Divergence Analysis

RSI (14) is currently at 36.46, and this level is quite close to the oversold region (below 30). While the price tested 0.29 dollars in recent lows, no clear bullish divergence is observed in RSI; on the contrary, RSI's parallel decline with the price making new lows strengthens the regular bearish divergence. This situation shows that momentum continues in favor of sellers and buyers have not yet entered. On the weekly timeframe, RSI is stuck below 40, confirming downtrend momentum. For a potential bullish hidden divergence, RSI needs to touch 30 and bounce upward while the price holds above the 0.2945 support, but there is no such signal in the current data set. Divergence analysis reveals that selling pressure dominates and requires volume increase for RSI to jump toward the 50 level.

Overbought/Oversold Regions

Although RSI at 36.46 is approaching oversold, this level alone does not give a reversal signal; as the confluence of momentum oscillators is bearish. If the oversold region (below 30) is tested, a short-term bounce is possible, but it may remain limited by EMA resistances and MACD negativity. On the daily chart, RSI's distance from 70 eliminates overbought risk and brings sell signals to the forefront. Oversold conditions are attractive for bottom hunters, but weak momentum in trend strength measurements does not support buyers.

MACD Signals and Histogram Dynamics

The MACD indicator is in a bearish position; the signal line is above the MACD line and the histogram is expanding in the negative region. This dynamic shows that momentum is strengthening on the sellers' side and the downtrend is gaining momentum. The size of histogram bars has increased recently, indicating that bear momentum has shifted from contraction to expansion. The signal line crossover has completed downward and remains below the zero line; for reversal, the histogram needs to approach zero and turn positive. On the 3-day timeframe, the MACD histogram exhibits a similar bearish pattern, creating confluence. Negative histogram supported by volume could trigger a test toward the 0.2945 support; for those awaiting an upward crossover, the 0.3004 resistance is critical.

EMA Systems and Trend Strength

Short-Term EMAs

The price is trading below EMA20 (0.34 dollars), clarifying that the short-term trend is bearish. The ribbon squeeze between EMA10 and EMA50 reflects momentum weakness; as the price stays below the ribbon, selling pressure increases. Short-term EMA dynamics keep trend strength at low levels on the 1D timeframe, and breaking EMA20 is required for an upward breakout.

Medium/Long-Term EMA Supports

The medium-term EMA50 (around 0.35) is acting as resistance, while the long-term EMA200 (0.40s) is a distant target. The death cross on the EMA ribbon is complete and trend strength is bearish; for support, the price approaching EMA100 (0.32) can be expected. In the long term, EMAs support the downtrend, and combined with momentum confluence, the sell scenario strengthens. Follow these EMA levels for SYRUP Spot Analysis and SYRUP Futures Analysis.

Bitcoin Correlation

Bitcoin is at 77,815 dollars with a -0.29% decline in downtrend; Supertrend bearish signal poses risk for altcoins. SYRUP, showing high correlation with BTC, could accelerate toward 0.2945 if BTC breaks the 78,111 support. SYRUP momentum remains limited unless BTC resistances (80,357) are surpassed; BTC dominance increase could trigger altcoin sales. Key BTC levels: support 75,720, resistance 83,160 – BTC below 78k strengthens the bearish scenario for SYRUP.

Momentum Result and Expectations

Momentum oscillators (RSI 36.46 approaching oversold, MACD negative histogram expansion, price below EMA) confirm the downtrend; confluence supported by 15 strong levels (1D: 3S/4R). With lack of volume confirmation, short-term bounces (to 0.3004R) are possible, but breaking 0.2945S opens bearish target to 0.1033. For bullish scenario, RSI divergence + MACD crossover + EMA20 break is required; current data shows dominant weak momentum. In MTF analysis, 1W supports (0.2675) are critical, volume increase will determine trend change. Overall outlook bearish, momentum strength low – careful monitoring recommended.

This analysis uses Chief Analyst Devrim Cacal's market views and methodology.

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

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Sarah Chen

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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