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$SONIC Signal】Long | Short squeeze continues, deep imbalance support
$SONIC On the 4H timeframe, after a strong breakout above EMA20 with volume, the market is consolidating. Currently, the price is trading near the intraday high.
🎯Direction: Long
🎯Entry: 0.0587 - 0.0592
🛑Stop Loss: 0.0570 (Rigid stop loss, below previous low and EMA20 support)
🚀Target 1: 0.0635
🚀Target 2: 0.0680
Market Analysis: Three consecutive volume-increasing bullish candles on the 4H chart confirm a reversal, with the latest candle showing decreasing volume on pullback, indicating healthy cooling. Key data reveals