📍#SONIC Technical Analysis (2025/06/21)

SONIC continues to decline after touching 1H S1(0.2925), positioned below various moving averages and VWAP, with a clear bearish pattern in the short, medium, and long term.

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【Period】1H

Trend: Consolidating bearish, price has broken below 1H S1(0.2925), positioned below EMA9/21 and VWAP.

🔻 Short Position Information

🛑 Stop Loss: 0.2925 (breakout turns bullish)

🟢 Add Short: 0.2850 (triggered), 0.2900 (not triggered)

🚨 Breakout Short: 0.2700

🎯 Take Profit: 0.2700, 0.2600, 0.2500

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【Period】4H

Trend: Bearish, price is running below EMA200 and Pivot P(0.3502), has broken below 4H S1(0.2925), both Stoch and RSI are relatively low.

🔻 Short Position Information

🛑 Stop Loss: 0.3502 (breakout turns bullish)

🟢 Add Short: 0.3200 (triggered), 0.3000

🚨 Breakout Short: 0.2541

🎯 Take Profit: 0.2700, 0.2541, 0.2300

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【Period】1D

Trend: Bearish, daily line continues to be below EMA9/21/200 and Pivot P(0.5535), RSI around 24, limited short-term rebound.

🔻 Short Position Information

🛑 Stop Loss: 0.5535 (breakout turns bullish)

🟢 Add Short: 0.3036 (triggered), 0.2770 (triggered)

🚨 Breakout Short: 0.2143

🎯 Take Profit: 0.2143, 0.1700, 0.1300

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【Strategy Summary】

1. 1H Level: Short in batches in the rebound range of 0.2850–0.2900, set stop loss at 0.2925, target first at 0.2700, 0.2600.

2. 4H Level: Clear bearish trend, rebound 0.3000–0.3200 can add short in batches, set stop loss at 0.3502, target 0.2541 and 0.2300.

3. Daily Level: Maintain bearish mindset, after breaking 0.2143 look at 0.1700, 0.1300; if price breaks above 0.5535 (Pivot), reconsider turning bullish.

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