Hey guys! Some crazy price action going on with $SYRUP
— especially on the 4-hour chart! If you missed it, don’t worry — here’s my breakdown 👇
🔍 4H Chart Analysis:
The market broke a strong support zone that had been holding for a while.
A clean bearish breakdown confirmed by decent volume.
We’re seeing a Lower High - Lower Low structure building up.
RSI is approaching the oversold zone, but no strong reversal signs yet.
🚨 Is This a Short Opportunity?
In my view, if you’re a short-term trader, this could be a solid short setup — but ONLY with strict risk management.
I personally go in with a small position and keep my SL (Stop Loss) tight.
This market doesn’t care about your emotions — protecting capital is key!
📌 Entry Plan (Not Financial Advice):
✅ Entry: On retest of the breakdown zone
🛑 Stop-loss: Just above the retest zone
🎯 Target: Nearest support levels or fib zones
🔐 Final Thoughts:
Avoid FOMO. Discipline makes money in this game, not overconfidence. Risk management doesn’t mean you won’t lose
— it means you won’t lose big.
