$S Bounce +7.9% from $0.04150 and an inverted Head & Shoulders pattern.. Will it break $0.04750? โก๏ธ๐ฅ"*
1. *Long drop from the top to $0.04150:* Red candles from the left side falling until they touched SUPPORT at $0.04150 โ thatโs the bottom
2. *Confirmed REVERSAL ZONE:* The blue arrow in the picture is rising exactly from $0.04150 โ a long green candle broke the downtrend โ strong reversal
3. *Inverse Head & Shoulders:* The pattern is shown in the picture โ the inverted shoulder-head-shoulder โ a classic bullish pattern with a big target
4. *Blue uptrend:* The blue line from the bottom to $0.04469 โ each bottom is higher than the previous one โ structured rally
5. *Approaching resistance at $0.04750:* Only 6.2% away โ breaking it = an explosion toward $0.05020
S is Sonic (ex-FTM) โ a very fast blockchain.
*Bullish scenario (80%):*
Holding above *$0.04150* =
- *TP1:* $0.04580 todayโs high +2.4%
- *TP2:* $0.04750 resistance +6.2%
- *TP3:* $0.05020 +12.3% โ model target
*Corrective scenario (20%):*
Drop to *$0.04150* Support โ a golden buying opportunity. The stop is below $0.03890 S2.
๐ฏ Trading plan $S
- *Entry:* $0.04150 - $0.04469 following the trend
- *SL:* $0.03890 (-12.9% but safe below the pattern)
- *TP:* $0.0475 / $0.0502$
#S #Sonic #SUSDT #FTM #Crypto #Reversal #Binance #Technical_Analysis #Crypto_Recommendations #BullishReversal ๐โก๏ธ
1. *Long drop from the top to $0.04150:* Red candles from the left side falling until they touched SUPPORT at $0.04150 โ thatโs the bottom
2. *Confirmed REVERSAL ZONE:* The blue arrow in the picture is rising exactly from $0.04150 โ a long green candle broke the downtrend โ strong reversal
3. *Inverse Head & Shoulders:* The pattern is shown in the picture โ the inverted shoulder-head-shoulder โ a classic bullish pattern with a big target
4. *Blue uptrend:* The blue line from the bottom to $0.04469 โ each bottom is higher than the previous one โ structured rally
5. *Approaching resistance at $0.04750:* Only 6.2% away โ breaking it = an explosion toward $0.05020
S is Sonic (ex-FTM) โ a very fast blockchain.
*Bullish scenario (80%):*
Holding above *$0.04150* =
- *TP1:* $0.04580 todayโs high +2.4%
- *TP2:* $0.04750 resistance +6.2%
- *TP3:* $0.05020 +12.3% โ model target
*Corrective scenario (20%):*
Drop to *$0.04150* Support โ a golden buying opportunity. The stop is below $0.03890 S2.
๐ฏ Trading plan $S
- *Entry:* $0.04150 - $0.04469 following the trend
- *SL:* $0.03890 (-12.9% but safe below the pattern)
- *TP:* $0.0475 / $0.0502$
#S #Sonic #SUSDT #FTM #Crypto #Reversal #Binance #Technical_Analysis #Crypto_Recommendations #BullishReversal ๐โก๏ธ