$S ๐ is finally showing some real strength ๐
Sonic jumped nearly 19% with volume exploding over 250%, which makes this move more interesting than a simple low-volume pump.
Now the big question is $0.040. If bulls can flip this level into support, the next major target could be around $0.050.
The $0.0323 breakout is still important too. As long as Sonic holds above it, the recovery structure stays alive.
One warning: longs are heavily crowded, so a sudden rejection could trigger a sharp pullback and liquidations.
For me, $0.040 is the level to watch next. Break, hold, and volume = much stronger setup. ๐ฅ
#s
Sonic jumped nearly 19% with volume exploding over 250%, which makes this move more interesting than a simple low-volume pump.
Now the big question is $0.040. If bulls can flip this level into support, the next major target could be around $0.050.
The $0.0323 breakout is still important too. As long as Sonic holds above it, the recovery structure stays alive.
One warning: longs are heavily crowded, so a sudden rejection could trigger a sharp pullback and liquidations.
For me, $0.040 is the level to watch next. Break, hold, and volume = much stronger setup. ๐ฅ
#s
