$SONIC Market Update
Trade Type: LONG (Breakout Continuation / Momentum)
Entry Zone: 0.0495 – 0.0505
Support Zone: 0.0475 – 0.0485
Targets:
TP1: 0.0513
TP2: 0.0535
TP3: 0.0560
Stop Loss: 0.0468
Market View:
SONIC broke out from consolidation and pushed strongly into the 0.0513 resistance area, confirming a shift into expansion phase. Price is trading above rising short-term moving averages, showing buyer control and steady momentum rather than a weak spike.
As long as price holds above the 0.0475–0.0485 support base, the bullish structure remains intact. Pullbacks into the entry zone can act as continuation opportunities. A clean break above 0.0513 can trigger another momentum leg toward higher liquidity zones.
If price falls below 0.0475, the breakout structure weakens and a deeper pullback becomes likely.
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