📢 Trading Recommendation on SONICUSDT 🔥
📈 Current Trend: Strong upward movement of +10.13%, but the price is close to today's peak at 0.2781 which may lead to a correction before continuing the rise.
✅ Recommendation: Buy cautiously while monitoring support and resistance levels.
🔹 Suggested Entry Points:
Current Price: 0.2729
It is preferable to wait for a correction to 0.2650 - 0.2580 for a safe entry.
🎯 Profit Taking Targets:
🎯 Level One: 0.2800 (near resistance level)
🎯 Level Two: 0.2950 (if the upward momentum continues)
🎯 Level Three: 0.3100 (major target if resistance is broken)
🛑 Stop Loss: 0.2440 (if this level is broken, it is preferred to exit)
⚠️ Additional Technical Analysis:
Stochastic (K,D,J): In the overbought area, indicating a potential correction soon.
On-Balance Volume (OBV): Shows an increase in momentum, reinforcing the likelihood of continuing the upward trend.
Moving Averages: Support the upward trend, but any reversal should be monitored.
📌 Advice:
Do not risk more than 5-10% of the capital in this trade.
Follow the market and news, as the trend can change quickly.
If resistance at 0.2781 is broken firmly, a new position can be entered for a rise towards 0.2950 - 0.3100.
🔗 Follow us for more daily recommendations! 🚀
#Crypto #Binance #SONICUSDT
#توصيات_تداول