๐ S โ EXPLOSIVE 4H MOMENTUM SURGE & BREAKOUT CONTINUATION! ๐ฅ
$S (Sonic) is trading significantly higher at 0.05858 (+13.57%, or roughly Rs16.23), moving within an active 24-hour range between a high of 0.06898 and a low of 0.05048. Price action on this 4-hour chart displays a powerful impulse continuation wave following a strong rebound from the 0.03693 swing base, currently driving strongly above the fast MA(7) (0.05952), MA(25) (0.04810), and macro structural MA(99) (0.04209) bands.
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 0.05300โ0.05750 (on healthy intraday retracements or retests following the sharp breakout impulse)
๐ STOP LOSS: 0.04750
๐ฏ TP1: 0.06700
๐ฏ TP2: 0.07500
Are you riding this powerful Sonic breakout wave higher, or waiting for a cooler retest of the moving averages? Let's discuss below! ๐
๐ Trade: $S
#S #SONIC #cryptotrading #BinanceSquare #bullish
$S (Sonic) is trading significantly higher at 0.05858 (+13.57%, or roughly Rs16.23), moving within an active 24-hour range between a high of 0.06898 and a low of 0.05048. Price action on this 4-hour chart displays a powerful impulse continuation wave following a strong rebound from the 0.03693 swing base, currently driving strongly above the fast MA(7) (0.05952), MA(25) (0.04810), and macro structural MA(99) (0.04209) bands.
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 0.05300โ0.05750 (on healthy intraday retracements or retests following the sharp breakout impulse)
๐ STOP LOSS: 0.04750
๐ฏ TP1: 0.06700
๐ฏ TP2: 0.07500
Are you riding this powerful Sonic breakout wave higher, or waiting for a cooler retest of the moving averages? Let's discuss below! ๐
๐ Trade: $S
#S #SONIC #cryptotrading #BinanceSquare #bullish