$SYRUP Short Liquidation: $10.408K at $0.34952
Short sellers were forcefully squeezed as SYRUP broke higher with strong buying continuation. Price pushed cleanly above the short pressure zone, triggering a cascade of stop losses and forcing shorts to cover rapidly. The size of the liquidation confirms bears were positioned aggressively and got caught, handing control to buyers.
Entry (EP): $0.34680
Take Profit (TP): $0.37250
Stop Loss (SL): $0.33890
Market Outlook:
$SYRUP is showing strong short-term bullish momentum after clearing a heavy pocket of weak shorts. As long as price holds above the liquidation level, further upside continuation toward higher resistance is likely. Volatility is elevated trade patiently, avoid chasing, and manage risk with strict discipline.
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