Quick video covering a Synapse trade. Not a lot of data on this one via TradingView as it was listed only recently at several tier 1 exchanges.

It could be very distracting looking at the 4H triangle breakdown, and context is important from the OBV and other time frames.

Here’s the TLDR:

$2-$2.1 is a very strong area of support. Clear invalidation below.
Historically this is a good range, and we’re at the bottom of it, ready to potentially create a double bottom or higher low.
Take profits are easy at 15%, 25%, 50%, making the R/R excellent vs the loss from the invalidation.

Good luck and good hunting.