🚀 Trading Signal: $SONIC /USDT (Perp)
Market Update: Sonic SVM ($SONIC) has broken the local resistance and is moving up with volume. In the short term, it may show further gains.
📈 Trade Setup (Long)
Entry Price: $0.05000 - $0.05090 (Entry is better in this range)
Leverage: 3x - 5x (For safe trading)
🎯 Take Profit (TP) Targets:
Target 1: $0.05200 (Safe Exit)
Target 2: $0.05350 (Mid-term)
Target 3: $0.05500+ (Moon Bag)
🛡️ Stop Loss (SL):
SL: $0.04750
(If the price goes below this level, the bullish trend may end).
💡 Quick Analysis:
Trend: It is clearly visible in the image that the price has bounced from the bottom of $0.04789.
RSI/Momentum: Currently, buying pressure is high (+8.14% up), but the high wick ($0.05207) indicates that there might be some rejection from there, so consider your entry carefully.
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