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

After touching the 1H S1 (0.2925), SONIC continued lower and remains under key EMAs and the VWAP—showing clear bearish bias across timeframes.

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[Timeframe] 1H

Trend: Bearish range; broke below 1H S1 (0.2925), trading under EMA9/21 and VWAP.

🔻 Short Info

🛑 Stop Loss: 0.2925 (break flips long)

🟢 Add Short: 0.2850(triggered), 0.2900

🚨 Breakdown Entry: 0.2700

🎯 Take Profit: 0.2700, 0.2600, 0.2500

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[Timeframe] 4H

Trend: Bearish; under the 200EMA and Pivot P (0.3502), has broken 4H S1 (0.2925). RSI and Stoch are low.

🔻 Short Info

🛑 Stop Loss: 0.3502 (break flips long)

🟢 Add Short: 0.3200(triggered), 0.3000

🚨 Breakdown Entry: 0.2541

🎯 Take Profit: 0.2700, 0.2541, 0.2300

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[Timeframe] 1D

Trend: Bearish; daily price sits below EMA9/21/200 and Pivot P (0.5535), RSI ~24, limited near-term bounce potential.

🔻 Short Info

🛑 Stop Loss: 0.5535 (break flips long)

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

🚨 Breakdown Entry: 0.2143

🎯 Take Profit: 0.2143, 0.1700, 0.1300

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[Strategy Summary]

1. On the 1H, short rallies between 0.2850–0.2900 with a stop at 0.2925, targeting 0.2700 and 0.2600.

2. On the 4H, bears dominate—add shorts on relief into 0.3000–0.3200, stop at 0.3502, target 0.2541 and 0.2300.

3. On the daily, maintain bearish bias; upon a break below 0.2143 target 0.1700 and 0.1300, and only consider longs if price reclaims Pivot P (0.5535).

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