$SYRUP Short Liquidation: $1.33K at $0.34879
Short sellers expected $SYRUP to stall, but price pushed higher and triggered liquidations around the $0.348 level. Buyers stepped in confidently, forcing shorts to exit and shifting momentum back to the upside.
Entry (EP): $0.345 – $0.349
Target (TP): $0.365 – $0.385
Stop Loss (SL): $0.335
Market Outlook:
This short liquidation shows bearish pressure weakening near a key support area. If SYRUP holds above the liquidation level, further upside continuation is likely. Strong follow-through could invite more short covering, while healthy pullbacks would keep the bullish structure intact. Stay disciplined and trade with confirmation.
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