BOOM! Massive $SYRUP SHORT Liquidation: $8.33K at $0.4128!
The bears just got wrecked—and this could be our golden entry signal!
What's happening?
Shorts worth over $8,331 got liquidated as price hit $0.4128, triggering a potential reversal and giving bulls the upper hand.
Technical Analysis:
Buy Zone:
$0.4050 – $0.4150 (Accumulation Zone)
Price has bounced from this area with strong momentum. It’s a critical support and a key level where bulls are regaining control.
Targets:
Target 1: $0.4350 (Minor resistance)
Target 2: $0.4620 (Major resistance and profit-taking zone)
Target 3: $0.5000 (Psychological barrier & breakout point)
Stop Loss:
$0.3950 (If this breaks, trend may weaken)
Why This Setup is Hot:
Fresh liquidations = Weak hands out
Price reclaiming $0.41 = Bullish signal
Volume rising = Momentum confirmation
Potential for breakout if $0.4350 is flipped into support
Score: 8.5/10
Momentum is building. The short-squeeze effect can push $SYRUP into a bullish rally.
This might be your "syrupy" sweet spot for some juicy gains!
