$SYRUP Just Got Stirred – Big Short Liquidation Spotted!
Liquidation: $1,850.5 at $0.3781
Looks like someone bet against the wrong breakfast topping – and got flipped like a pancake!
What Just Happened?
A big short got wiped out at $0.3781, signaling bullish pressure building under the surface. Smart money may be quietly scooping it up.
Technical Analysis
After this juicy short squeeze, all eyes are on the next move. Momentum is shifting fast.
Buy Zone:
$0.3660 – $0.3725 (Strong accumulation zone near previous demand + post-liquidation bounce support)
Targets:
Target 1: $0.3920 (recent high + breakout zone)
Target 2: $0.4150 (psychological resistance)
Target 3: $0.4485 (multi-week resistance, potential breakout target)
Stop Loss:
$0.3585 (just below structure; if it breaks, trend may flip bearish)
Why This Matters:
Liquidations this size can be the spark before a run. The market just shook out weak shorts – next may come the breakout.
Caution: Always manage your risk. This syrup might get sticky – but if it pours upward, it could be a sweet ride!