The recent trade on Sonic (S/USDT) targeted a drop from resistance near $0.3192 to support around $0.3124. The entry was made after price failed to break resistance and volume began to decline, signaling weakness. The exit captured quick profit during a pullback before price attempted a small bounce.
🔹 Simple Trading Plan
1. Spot Resistance – Identify a price level where candles fail to close higher (e.g., $0.3192).
2. Wait for Rejection – Enter short when wicks form and selling pressure increases.
3. Exit at Support – Take profit at the next demand zone or after ~2–3% drop.
4. Protect with Stop-loss – Place stop just above resistance to limit loss.
🎯 Objective: Consistently take small profits using clear resistance and support zones, avoiding risky chases of breakouts.$so ic#sonic