SONIC. USDTA few points for those interested in investing or trading Sonic.
First, given its unlimited nature, caution should be exercised when entering this currency.
second, only 3 billion Sonic are traded on the market, increasing risk, and that, like before, we can't expect Sonic to become $1, or at least
Sonic might be joining the death coins (Final warning)Wanted to put this earlier but didn’t have time. The place I believe the correction move is about to end is in the range between 0.286–0.2905. That’s because this level holds a lot of liquidity — firstly, it’s under wicks, so it’s obvious that stop losses are placed slightly below.
Another point is
SONIC Consolidates at Key Support, Bulls Eye $0.618 TargetSONIC continues to trade around its $0.29 value-area support, hinting at accumulation. A reclaim of control could spark a rally toward $0.618.
SONIC’s current structure shows prolonged consolidation at a major support zone. This support coincides with the value area level at $0.29, creating a high-
S (Sonic) 4H Pair/TF: S/USDT (Binance), 4H execution — confirm with Daily
Rule: Enter/exit on bar close only; size by risk (≈1.0–1.2× 4H ATR)
Levels:
Support: 0.295–0.287 (demand), 0.275, 0.262
Resistance: 0.312, 0.330 (breakout trigger), 0.360 (then 0.385/0.420)
Long Setups
Range Buy (mean-revert)
Buy zone:
S holding is bottom tight. Reversal here makes senseSonic price structure is very indecisive, however, as PA unfolds, POI are developing. If the current range, given the volume, can be respected, a break to the upside is expected. A sweep of the market structure is still possible, but as time passes and market conditions improve it becomes less likel
SUSDTMomentum is on the short side so I'm wathching price.
If it leaves the range to the downside most likely the H&S plays out. If price stays in range but doesn't go over the middle I'm still bearish.
For me to think long again, price should reclaim the middle line and stay in the upper half of the r
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy