$SONIC /USDT

šŸ“Š [Trap to Pump? – Candlestick Behavior Analysis]

Coin Price: 0.2190 USDT

Timeframe: 15-Minute Chart

Sentiment: Bullish Trap Formation

šŸ”Ž Key Observation:

A second-last candle formed a classic doji with a long lower wick—often signaling market indecision paired with strong buyer absorption at lower levels.

šŸ’” Interpretation:

Sellers initially pushed price downward (lower wick formation)

Buyers aggressively absorbed the move, forcing a recovery into a doji close

This behavior can often precede a bullish reversal, acting as a bear trap

šŸ“ˆ Setup Outlook:

If the next candle closes bullish with increasing volume, it may confirm breakout momentum and push the coin higher.

šŸŽÆ Trade Hint:

Watch for confirmation candle above resistance with supporting volume. Entry can be planned above 0.2195 with TP/SL adjusted based on breakout strength

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