It should print multiline liquid the way we'd expect
printWidth: 80
<div>
{% render 'foo',
  product: product %}
{{ product.featured_image
  | image_url: width: 400, height: 400, crop: 'top'
  | image_tag }}
</div>
<div>
{%
  render 'foo',
  product: product
%}
{{
  product.featured_image
    | image_url: width: 400, height: 400, crop: 'top'
    | image_tag
}}
</div>