🚨🔥 #S COULD BE PREPARING FOR A NEW UPSIDE MOVE
👀 WATCH THE $0.040 ZONE
On the higher-timeframe chart, $S/USDT is showing a structure worth keeping an eye on.
The price is currently around $0.043, while the $0.040 zone appears to be a key level to watch for a possible SPOT entry.
📌 BULLISH SCENARIO:
🟢 Ideal entry: near $0.040
🎯 TP1: a level that would allow for approximately a 2:1 reward-to-risk ratio
🚀 Extended target: up to $0.078
💡 The interesting thing about this setup is that the trade doesn't need to reach $0.078 to be profitable. If the first target offers a reward-to-risk ratio close to 2:1, there would already be an opportunity to manage the position partially.
⚠️ BUT BE CAREFUL:
I wouldn't buy simply because the price touched $0.040.
Keep an eye on:
🔹 Price reaction at support
🔹 Buying volume
🔹 Structure confirmation
🔹 Possible drop below $0.040
🔹 BTC's overall behavior
🔥 $S is in a zone that could get interesting… but confirmation will be key.
Do you think $S can reach $0.078? 👀
🚀 YES, LET'S GO FOR THE TARGET
🔻 NO, A CORRECTION IS COMING
#SUSDT #Sonic #Binance #BinanceSquare
👀 WATCH THE $0.040 ZONE
On the higher-timeframe chart, $S/USDT is showing a structure worth keeping an eye on.
The price is currently around $0.043, while the $0.040 zone appears to be a key level to watch for a possible SPOT entry.
📌 BULLISH SCENARIO:
🟢 Ideal entry: near $0.040
🎯 TP1: a level that would allow for approximately a 2:1 reward-to-risk ratio
🚀 Extended target: up to $0.078
💡 The interesting thing about this setup is that the trade doesn't need to reach $0.078 to be profitable. If the first target offers a reward-to-risk ratio close to 2:1, there would already be an opportunity to manage the position partially.
⚠️ BUT BE CAREFUL:
I wouldn't buy simply because the price touched $0.040.
Keep an eye on:
🔹 Price reaction at support
🔹 Buying volume
🔹 Structure confirmation
🔹 Possible drop below $0.040
🔹 BTC's overall behavior
🔥 $S is in a zone that could get interesting… but confirmation will be key.
Do you think $S can reach $0.078? 👀
🚀 YES, LET'S GO FOR THE TARGET
🔻 NO, A CORRECTION IS COMING
#SUSDT #Sonic #Binance #BinanceSquare
