BREAKING: $SYRUP Explodes with a Short Liquidation of $1.35K at $0.4525!
The shorts just got REKT!
With a $1,353.1 short liquidation triggered at $0.4525, $SYRUP just gave the market a wake-up call. This could be the spark for a juicy bullish reversal — and smart money is already watching.
Technical Analysis:
Buy Zone: $0.4400 – $0.4550
This range aligns with recent liquidity flush and accumulation patterns.
Immediate Resistance: $0.4900
Breakout Confirmation: $0.5050 (clear above short liquidation zone)
Targets:
1. Target 1: $0.4900 – Retest of local resistance
2. Target 2: $0.5250 – Minor breakout zone
3. Target 3: $0.5720 – Previous swing high and high liquidity area
Stop Loss: $0.4290
A clean cut below recent support and invalidation of bullish structure.
Market Sentiment:
Shorts are getting punished, and bulls may be lining up for the next leg. With fresh liquidations clearing weak hands, we could see a surge if the volume supports a move above $0.5050.
Conclusion:
If $SYRUP holds above the liquidation zone, momentum traders could ride the wave. But always manage risk—the market rewards strategy, not emotion.
