#sonic Trade plan and Analysis

**Analysis & Trading Plan for SONIC/USDT**

Based on the provided data from 15m and 4h charts (2025 timeframe), here is the structured plan:

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### **Entry Range**

- **Optimal Entry:** **$0.2760–$0.2820**

- Price is hovering near the 24h high ($0.2879) with overbought RSI (6-period: 77–88), suggesting a potential pullback.

- Target the middle Bollinger Band ($0.2592–$0.2762) or MA(7) ($0.2724–$0.2790) for a safer entry during retracement.

- Alternatively, enter on a confirmed breakout above **$0.2879** (24h high) with high volume.

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### **Stop Loss**

- **Exact Stop Loss:** **$0.2680** (below the nearest support: Bollinger Middle Band and MA(7)).

- This level aligns with the lower Bollinger Band ($0.2362–$0.2697) and 24h low ($0.2560–$0.2564), providing a buffer against volatility.

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### **Leverage**

- **Suitable Leverage:** **3x–5x**

- Conservative leverage due to high volatility and overbought conditions. Ensures manageable risk if the price reverses sharply.

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### **Take Profit Targets**

1. **TP1: $0.2900** (immediate resistance above 24h high).

2. **TP2: $0.3000** (psychological resistance level).

3. **TP3: $0.3150** (Fibonacci extension or trend continuation target).

**Note:** Trail stop loss to breakeven once TP1 is hit, and adjust dynamically based on RSI/MACD momentum.

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### **Key Indicators Supporting the Plan**

- **RSI:** Overbought on shorter timeframes (6-period RSI >75), signaling caution.

- **MACD:** Positive but weakening momentum (declining histogram in some charts).

- **Bollinger Bands:** Price near upper band, suggesting resistance at $0.2879.

- **Volume:** High trading activity supports trend continuation if breakout occurs.

**Risk Management:** Limit position size to 1–2% of capital per trade. Adjust leverage based on risk tolerance.