🔻 SONICUSDT SELL ENTRY ALERT 🔻
1️⃣ Pair: SONICUSDT/USDT
2️⃣ Sell Entry: 0.33760 📉
3️⃣ Target 1: 0.30010 🎯
4️⃣ Target 2: 0.27330 🎯
5️⃣ Support Level: 0.25210 🛑
6️⃣ Indicator: EMA50 on 4H timeframe ⏳
7️⃣ Market Trend: Bearish momentum forming.
8️⃣ Price is below EMA50, confirming a sell bias.
9️⃣ A rejection from EMA50 strengthens the short position.
🔟 Breaking 0.30010 may accelerate the drop.
🔹 Technical Insights:
🔹 Resistance at 0.33760 acts as a supply zone.
🔹 Selling pressure is evident near the entry.
🔹 A drop below 0.30010 confirms further downside.
🔹 0.27330 is a key level for extended targets.
🔹 Support at 0.25210 could hold the price.
🔹 Stop-loss suggested above 0.34500 for risk management.
🔹 Watch for volume confirmation before entry.
🔹 If price reclaims EMA50, re-evaluate the setup.
🔹 EMA50 acting as resistance enhances bearish bias.
🔹 Trade smart, follow risk management, and stay updated! 🚀