$SONIC USDT Market Update
Trade Type: SHORT → BEARISH PULLBACK
Entry Zone: 0.04980 – 0.05040
Key Resistance Zone: 0.05150 – 0.05350
Targets:
TP1: 0.04880
TP2: 0.04760
TP3: 0.04620
Stop Loss: 0.05390
Market View:
SONICUSDT showed a strong bullish spike
from the 0.04490 support zone but faced
heavy rejection near the 0.05352 high.
After the rejection, price moved into
a consolidation phase with declining
buy volume on the 15-minute timeframe.
Current structure suggests a bearish
pullback as price fails to reclaim
the 0.05150 resistance zone.
As long as price stays below resistance,
downside continuation toward lower
supports is more likely.
Any retest of the resistance zone can
be considered a selling opportunity.
A strong break and close above 0.05390
would invalidate this short setup.
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