$SONIC CUSDT PERP — Market Overview
Explosive upside continuation unfolding after a firm base formation near 0.039. Price delivered a staircase breakout structure, printing consecutive higher highs and higher lows on the 1H frame. The recent expansion into 0.0566 marks fresh liquidity sweep territory, followed by a controlled pullback — not rejection, but profit rotation.
Current price holding above 0.053 confirms strength. Bulls remain in control while structure stays elevated above the 0.050 demand zone. Volume expansion on breakout legs signals real participation, not thin momentum.
Trend Context
As long as price sustains above 0.049–0.050, continuation probability favors upside. Consolidation under highs suggests re-accumulation before the next leg.
Trade Plan
EP: 0.0528 – 0.0545
TP: 0.0589 – 0.0625 – 0.0678
SL: 0.0486
Pro Insight
Clean break and acceptance above 0.0568 unlocks momentum vacuum toward the 0.06+ range. Loss of 0.049 support shifts structure into short-term correction, but while held, dips remain buy opportunities within trend expansion.
