BOOM! $SYRUP Bulls Just Got SHOOK!
A massive Long Liquidation just hit the chart — $4.89K wiped out at $0.4186. The weak hands are out… now it’s time for the hunters to prepare.
What just happened?
The price dropped hard, flushing out leveraged longs. But in chaos… lies opportunity.
$SYRUP Technical Breakdown (Post-Liquidation Play):
Buy Zone (Entry Range):
$0.4020 - $0.4180
This is the golden zone after the shakeout — buyers may step in to reclaim momentum. Watch for volume confirmation.
Targets:
1. T1: $0.4380 — minor resistance
2. T2: $0.4625 — previous range high
3. T3: $0.4890 — pre-liquidation zone (retracement fill)
4. T4: $0.5120 — breakout potential if market structure flips bullish
Stop Loss:
$0.3910
A close below this shows further weakness — respect the risk, preserve capital.
Narrative Insight:
The big liquidation suggests liquidity has been harvested. Market makers might now aim for higher levels to hunt shorts. This setup is ripe for a mean-reversion bounce, but watch closely — volume and structure must support the move.
Final Word:
They panicked. You plan.
Don’t chase green candles — anticipate them.