Massive Liquidation Alert: $SYRUP Just Shook the Shorts!
$1.32K worth of shorts got wrecked at $0.4343 – and that’s our signal to ride the reversal wave. The bears got too greedy, and now it's time for the bulls to charge.
Technical Analysis & Trade Setup:
Buy Zone:
$0.4250 - $0.4370
Price reacted strongly after the short liquidation, showing signs of a trend reversal. Ideal accumulation zone lies just below the liquidation price for a potential bounce.
Target 1: $0.4580
Target 2: $0.4890
Target 3 (Swing): $0.5250
We’re looking at layered take-profits to ride the full move as trapped shorts get squeezed out.
Stop Loss:
$0.4120 (below last consolidation support)
Keeps us protected in case the move fails and we break key support.
Reason for the Move:
Shorts getting liquidated at $0.4343 triggered a short squeeze. Volume is picking up, and bulls are smelling blood. If momentum holds, we could be looking at a clean 20-25% run.
Narrative:
They tried to crash it. They failed.
Now $SYRUP is ready to pump and prove the bears wrong.
Ride the reversal. Trap the trappers.