🔴 $S — FUTURES BIG SHORT 📉 | 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.
📍 Entry Zone: $0.0565–$0.0580
🛑 Stop Loss: $0.0605
🎯 TP1: $0.0543
🎯 TP2: $0.0525
🎯 TP3: $0.0505
⚡ Leverage: 10x–20x
💰 Risk Management: Risk max 1% of total capital.
📊 Technical Context
• Current Price: $0.05499
• Resistance: $0.0579–$0.0587
• Support: $0.0543, then $0.0526
• Price is below the Bollinger middle band; recent momentum has weakened.
• Previous rally highs near $0.061–$0.074 indicate strong volatility.
⚠️ Confirmation: Prefer a rejection from $0.0565–$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 “big short” yet. The chart is consolidating after a rally, so don't enter blindly at market.
Trade $S Here 👇
⚠️ 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.
📍 Entry Zone: $0.0565–$0.0580
🛑 Stop Loss: $0.0605
🎯 TP1: $0.0543
🎯 TP2: $0.0525
🎯 TP3: $0.0505
⚡ Leverage: 10x–20x
💰 Risk Management: Risk max 1% of total capital.
📊 Technical Context
• Current Price: $0.05499
• Resistance: $0.0579–$0.0587
• Support: $0.0543, then $0.0526
• Price is below the Bollinger middle band; recent momentum has weakened.
• Previous rally highs near $0.061–$0.074 indicate strong volatility.
⚠️ Confirmation: Prefer a rejection from $0.0565–$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 “big short” yet. The chart is consolidating after a rally, so don't enter blindly at market.
Trade $S Here 👇
⚠️ Not financial advice. Levels are based on your screenshot and may change quickly. Always use a stop-loss.
#S #altcoins #CryptoTrading #BinanceFutures #Binance