$SONIC Update - Major Liquidation Spotted! 🔥
A massive $10.108K Long Liquidation hit at $0.83348, shaking weak hands and opening up a potential opportunity for sharp traders!
Next Move for $SONIC
The market could see significant volatility, but here’s the plan:
📍 Buy Zone:
Start accumulating between $0.75 - $0.80. This range is a strong support area based on past price action and recent liquidity events.
🎯 Target Levels:
1️⃣ Short-term: $0.90
2️⃣ Mid-term: $1.05
3️⃣ Long-term: $1.20+ (if momentum continues to build).
🛑 Stop Loss:
Keep it tight around $0.72 to protect against further downside.
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💡 Key Insights:
Liquidations often mark areas of interest for a reversal or bounce.
Watch the volume and order flow near the Buy Zone for confirmation of strength.
Momentum could pick up quickly, so stay alert!
⚠️ Reminder: Always manage your risk. The market can be unpredictable!
Let’s ride the wave
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