$S 📊

After a clear and strong break of the downward trend line on the daily timeframe, the Sonic coin shows a strong technical signal for a potential upcoming bullish breakout, and we may be on the brink of a massive upward wave leading us to higher levels, as shown in the chart.

Approved entry area:

$0.4960

Short to medium-term technical targets:

1- $0.5190

2- $0.5644

3- $0.5816

4- $0.6150

5- $0.6445

6- $0.6730

7- $0.7000

8- $0.7330

Stop loss:❗️

Closing a 4-hour candle below $0.4560 temporarily cancels the positive scenario.

Note:

The current scenario is supported by breaking a downward trend and price consolidation at a strong support area, making this entry a potential opportunity for scalpers and short-term holders, provided that capital management is adhered to.