$S (Sonic) / USDT | Short Setup | 15m Timeframe
After a sharp, aggressive pump, S is approaching a key resistance zone around 0.0611. I’m watching for a rejection there and planning a short setup if price shows weakness.
📉 Trade Plan (15m chart):
Entry zone: around 0.06117 Stop loss: 0.06205 Take profit: 0.05845 Risk-to-reward: roughly 1:3
The idea is that vertical moves like this often retrace, especially into resistance, so I’m waiting for confirmation (rejection or a bearish candle) rather than entering blindly.
⚠️ Disclaimer: This is not financial advice. It is my personal analysis and opinion, shared for educational purposes only. Futures and leveraged trading carry a high risk of loss, and you can lose your entire capital. Always do your own research (DYOR), use proper risk management, and never risk more than you can afford to lose.
💬 What’s your view on $S : rejection or breakout? Let me know in the comments!
#Sonic #S #SUSDT #CryptoTrading #TechnicalAnalysis
After a sharp, aggressive pump, S is approaching a key resistance zone around 0.0611. I’m watching for a rejection there and planning a short setup if price shows weakness.
📉 Trade Plan (15m chart):
Entry zone: around 0.06117 Stop loss: 0.06205 Take profit: 0.05845 Risk-to-reward: roughly 1:3
The idea is that vertical moves like this often retrace, especially into resistance, so I’m waiting for confirmation (rejection or a bearish candle) rather than entering blindly.
⚠️ Disclaimer: This is not financial advice. It is my personal analysis and opinion, shared for educational purposes only. Futures and leveraged trading carry a high risk of loss, and you can lose your entire capital. Always do your own research (DYOR), use proper risk management, and never risk more than you can afford to lose.
💬 What’s your view on $S : rejection or breakout? Let me know in the comments!
#Sonic #S #SUSDT #CryptoTrading #TechnicalAnalysis