$SYRUP /USDT short trade signal 🚦 🛑
BEARISH FAKEOUT DETECTED — RETREATING FROM UNSUSTAINABLE SPIKE!
After a sudden and sharp wick to $1.00, $SYRUP/USDT quickly retraced and is now consolidating around $0.2160. This extreme wick likely signals a liquidity grab rather than a true breakout, indicating bearish manipulation and short-term exhaustion in momentum.
Trade Setup (Short):
Entry: $0.2140 – $0.2180
Take Profit: $0.1850 / $0.1600
Stop Loss: $0.2340
Market Outlook:
Momentum appears to be fading after the fake breakout. Price is now trapped in low volatility range with weak follow-through from buyers. Bears might look to reclaim control and push price back to pre-spike levels. Stay cautious of any traps around $0.22.
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