Coin Name: $S
Position: Short
Entry Price: 0.5541
On the 4-hour timeframe, SONIC has formed a rising wedge—a typically bearish pattern. The price has already broken below the wedge’s lower trendline, signaling potential downside. If a clean retest of the breakdown area occurs, it could present a valid short opportunity, provided proper risk management is in place.
Leverage: 3X
Targets:
1st TP 0.4900
2nd TP 0.4500
3rd TP 0.4000
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$S
