SYN: Wallet Nets $662K on Aster DEX 2x Long
SYN at $0.48 after new wallet 0x2A32 books $662K profit on 3.46M token 2x long opened on Aster DEX less than two days ago.
SourceAnalysis
@lookonchain flagged a fresh wallet 0x2A32 that opened a 2x long on 3.46M $SYN worth $1.69M on Aster DEX and already sits on roughly $662K unrealized gains.
The move arrived amid sustained bullish structure on the four-hour chart where price holds at $0.48 above both the EMA50 at $0.23 and EMA200 at $0.11. With price testing upper Bollinger resistance at $0.42 while RSI flashes overbought at 81.18, a healthy retracement to the 50-EMA support at $0.23 seems probable before further continuation, even as the MACD golden cross at 0.06 keeps the broader trend intact.
Lookonchain
@lookonchainLooking for smartmoney onchain