$đ $Sâ LONG-TERM BREAKOUT SETUP
$S is showing an interesting reversal structure on the 3D chart. Price has bounced strongly from the lower boundary of a long-term descending channel and is now moving toward the upper channel resistance. đ
A clean breakout + retest of that trendline could potentially open the door for a much larger expansion. The chartâs measured projection also shows significant upside potential, but confirmation is key.
đą Entry Zone: $0.0405 â $0.0445
đŻ Targets: $0.0505 â $0.056 â $0.066 â $0.080
đ Stop Loss: $0.0345
đ Sonic has also shown strong recent momentum, with its price up roughly 45% over the past 30 days according to OKX data.
Structure: Bottom formation â Higher lows â Strong recovery â Descending-channel resistance test.
If $S breaks the upper trendline with strong volume and holds the breakout, the setup could become much more interesting. đđ„
#S #Sonic #Crypto #Altcoins
$S is showing an interesting reversal structure on the 3D chart. Price has bounced strongly from the lower boundary of a long-term descending channel and is now moving toward the upper channel resistance. đ
A clean breakout + retest of that trendline could potentially open the door for a much larger expansion. The chartâs measured projection also shows significant upside potential, but confirmation is key.
đą Entry Zone: $0.0405 â $0.0445
đŻ Targets: $0.0505 â $0.056 â $0.066 â $0.080
đ Stop Loss: $0.0345
đ Sonic has also shown strong recent momentum, with its price up roughly 45% over the past 30 days according to OKX data.
Structure: Bottom formation â Higher lows â Strong recovery â Descending-channel resistance test.
If $S breaks the upper trendline with strong volume and holds the breakout, the setup could become much more interesting. đđ„
#S #Sonic #Crypto #Altcoins
