$SONIC Signal】Long | Short Squeeze Pattern Confirmed, Deep Imbalance Supports Breakout



After a volume breakout above the previous high of 0.04996 on the 4-hour chart, a healthy pullback is underway. The price has stabilized above the EMA20 (0.0454), and open interest remains stable, indicating that funds have not exited.

🎯Direction: Long

🎯Entry: 0.0540 - 0.0550

🛑Stop Loss: 0.0480 $SONIC Rigid stop loss, below the previous breakout structure low(

🚀Target 1: 0.0620

🚀Target 2: 0.0680

The core logic is based on a short squeeze structure. The funding rate is as high as -0.7289%, indicating extremely high costs for short positions, while the price continues to rise and open interest remains stable. This is a typical short squeeze-driven scenario. The 4H candlestick shows buying pressure continuously absorbing during the pullback (Buy/Sell Ratio rising to 0.52), and depth data indicates significant ask accumulation at 0.05538 (14,857.9 units), but bid depth is very thick (over 200,000 units from 0.05533 to 0.05514). The depth imbalance of -12.83% suggests strong buying support. Although RSI) is at 73.96(, high RSI is not a reason to short in a short squeeze environment. A pullback to the previous breakout zone (0.04996-0.0522) is an ideal entry point for bulls.

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$SONIC
#我在Gate广场过新年 #当前行情抄底还是观望? $BTC $ETH
SONIC21.33%
BTC-3.22%
ETH-3.51%
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