$SONIC (1h) - Rejection at Resistance


Bias: Short
Entry (Zone): 0.0390 - 0.0405
Targets:
TP1: 0.0372
TP2: 0.0358
TP3: 0.0344
Stop Loss: 0.0421
Why this Setup:
I’m watching for a failed breakout after the sharp push into resistance, since momentum has started to fade and price is struggling to hold the higher highs. If it loses this local support, I expect a pullback toward the prior consolidation levels.
SONIC0,53%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin