$S SHORT SETUP ... CORRECTION TOWARD 0.055
Sonic has already made a very aggressive move from around 0.037 to 0.067, and price is now stretched near the recent high.
Entry: 0.067–0.070
TP1: 0.063
TP2: 0.058
Final Target: 0.055
SL: 0.077
The pump is strong, so this is a higher-risk countertrend short. A rejection from the 0.067–0.070 area would support the correction setup, while a clean breakout above that zone increases squeeze risk.
Sonic has already made a very aggressive move from around 0.037 to 0.067, and price is now stretched near the recent high.
Entry: 0.067–0.070
TP1: 0.063
TP2: 0.058
Final Target: 0.055
SL: 0.077
The pump is strong, so this is a higher-risk countertrend short. A rejection from the 0.067–0.070 area would support the correction setup, while a clean breakout above that zone increases squeeze risk.