đŽ $S â FUTURES BIG SHORT đ | Bearish Breakdown Setup
Sonic is trading at $0.05499, below the 4H Bollinger middle band ($0.05793), showing bearish pressure after a sharp rally and rejection. A short setup is possible, but wait for confirmation rather than chasing the move.
đ Entry Zone: $0.0565â$0.0580
đ Stop Loss: $0.0605
đŻ TP1: $0.0543
đŻ TP2: $0.0525
đŻ TP3: $0.0505
⥠Leverage: 10xâ20x
đ° Risk Management: Risk max 1% of total capital.
đ Technical Context
âą Current Price: $0.05499
âą Resistance: $0.0579â$0.0587
âą Support: $0.0543, then $0.0526
âą Price is below the Bollinger middle band; recent momentum has weakened.
âą Previous rally highs near $0.061â$0.074 indicate strong volatility.
â ïž Confirmation: Prefer a rejection from $0.0565â$0.0580. A clean break below $0.0543 may support continuation after a retest. If price reclaims $0.0587 and holds, avoid the short.
Verdict: Short bias, but not a confirmed âbig shortâ yet. The chart is consolidating after a rally, so don't enter blindly at market.
Trade $S Here đ
â ïž Not financial advice. Levels are based on your screenshot and may change quickly. Always use a stop-loss.
#S #altcoins #CryptoTrading #BinanceFutures #Binance
Sonic is trading at $0.05499, below the 4H Bollinger middle band ($0.05793), showing bearish pressure after a sharp rally and rejection. A short setup is possible, but wait for confirmation rather than chasing the move.
đ Entry Zone: $0.0565â$0.0580
đ Stop Loss: $0.0605
đŻ TP1: $0.0543
đŻ TP2: $0.0525
đŻ TP3: $0.0505
⥠Leverage: 10xâ20x
đ° Risk Management: Risk max 1% of total capital.
đ Technical Context
âą Current Price: $0.05499
âą Resistance: $0.0579â$0.0587
âą Support: $0.0543, then $0.0526
âą Price is below the Bollinger middle band; recent momentum has weakened.
âą Previous rally highs near $0.061â$0.074 indicate strong volatility.
â ïž Confirmation: Prefer a rejection from $0.0565â$0.0580. A clean break below $0.0543 may support continuation after a retest. If price reclaims $0.0587 and holds, avoid the short.
Verdict: Short bias, but not a confirmed âbig shortâ yet. The chart is consolidating after a rally, so don't enter blindly at market.
Trade $S Here đ
â ïž Not financial advice. Levels are based on your screenshot and may change quickly. Always use a stop-loss.
#S #altcoins #CryptoTrading #BinanceFutures #Binance