$SONIC Always DYOR
Analysis and Recommendations:-
- *Buying Time:* Consider buying around $0.316-$0.318, as the price is near the support level and showing signs of consolidation.
- *Stop Loss (SL):* Set a stop loss below $0.316, around $0.314-$0.315, to limit potential losses.
- *Sell Point (TP1):* Consider selling around $0.322-$0.324, as the price is approaching the upper Bollinger Band and showing signs of resistance.
- *Second Target:* $0.330-$0.335, considering the potential bullish momentum and upward trend.