$SONIC shows signs of fatigue after a strong rally, with selling pressure starting to surface at high levels.
Go short on $SONIC

Entry: 0.05380 – 0.05400

Stop loss: 0.05450

First target: 0.0480

Second target: 0.0455

Third target: 0.0420

After nearly a 30% increase, the price shows a clear divergence between volume and price at high levels. Buyers seem reluctant to chase higher prices, while supply quietly increases. The upward momentum is waning, and the market feels heavy. As long as sellers maintain control, the downward path may be smoother than the upward one, and a healthy correction is expected.

Trade $SONIC here 👇
S-2,06%
View Original
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