đą $S USDT â Recovery Trend Faces Resistance Near $0.0590
Sonic has recovered from around $0.0495 to $0.0590, forming higher highs and higher lows on the 1H chart. Price is now consolidating below the recent swing high, so Iâm waiting for a confirmed breakout rather than chasing the move.
đ Entry: $0.0570â$0.0575 after confirmation
đŻ TP1: $0.0588
đŻ TP2: $0.0595
đ SL: $0.0565
Setup: Bullish Recovery â Resistance Test â Potential Breakout
A clean hold above $0.0580 could support another push toward resistance. Rejection near $0.0590 may send price back toward $0.0560.
â ANiii Trader Analysis
đ Click to Open Trade
$S
$PHA
Sonic has recovered from around $0.0495 to $0.0590, forming higher highs and higher lows on the 1H chart. Price is now consolidating below the recent swing high, so Iâm waiting for a confirmed breakout rather than chasing the move.
đ Entry: $0.0570â$0.0575 after confirmation
đŻ TP1: $0.0588
đŻ TP2: $0.0595
đ SL: $0.0565
Setup: Bullish Recovery â Resistance Test â Potential Breakout
A clean hold above $0.0580 could support another push toward resistance. Rejection near $0.0590 may send price back toward $0.0560.
â ANiii Trader Analysis
đ Click to Open Trade
$S
$PHA