Sonic Reversal Play with a High R/R SetupPrice has dropped right back into the same demand zone that held everything together during the last major flush. I noticed we’re getting clear RSI divergence thus price is bleeding lower, but momentum isn’t following. That usually means to me that sellers are getting tired.
There’s also a large gap in the chart above it’s current base. If we reclaim even the low $0.40s, there’s room to rip to the upside. The liquidity supports the thesis of a 200%+ move straight into that inefficiency zone sitting just under $1.10.
Why this matters:
• RSI isn’t confirming the breakdown
• Strong historical support is holding (green box)
• That gap above hasn’t been revisited—yet
• The crowd is convinced it’s dead, which is usually when it wakes up
My levels:
• Entry: Here, while it’s still bleeding
• TP1: $0.50
• TP2: $0.90
• TP3: $1.10
• SL: Tight, just under $0.32
I’m not calling a moonshot. I’m just saying this chart is screaming for attention, and the reward looks too clean to ignore.
