【$SONIC Signal】Long | Short squeeze confirmed, deep imbalance support After a volume breakout above the EMA20 on the 4H chart, a healthy pullback is underway. The market shows a typical short squeeze structure: funding rate is deeply negative at $SONIC -0.6560%(, open interest remains stable, and price gains are absorbed by buy orders. The depth imbalance is as high as 14.14%, with buy-side thickness significantly exceeding sell-side, indicating institutional support at key price levels. 🎯Direction: Long 🎯Entry: 0.0515 - 0.0522 )Previous high turned support zone( 🛑Stop loss: 0.0481 )Break b
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Current Key Market Signals - Moving Average System Shows a Bearish Arrangement: Short-term EMA(7) is 2,028.18, Mid-term EMA(25) is 2,063.73, Long-term EMA(99) is 2,354.15. The price has broken below all major moving averages, indicating a downward trend. - Bollinger Bands (BOLL) Are Contracting: Upper band 2,153.36, Middle band 2,069.59. The price is near the lower band, suggesting short-term rebound weakness. If it breaks below the middle band support, further decline may occur. - MACD Indicator Shows a Death Cross: DIF(-24.68) is below DEA(-21.18), and the MACD histogram is negative(-3.50),
This spawn out of nowhere when I was trenching yesterday, What’s new and why crazy pump. Animal meta, virality/trending on global X tab, and volume $Giraffes, not usual animals like cat & dog or most major animals on ct but in the video link to this. It shows how relentless they are
Any moment now bitcoin is likely to resume it's dump back towards 63-60k. Some alts are already toppling like BNB and ADA and I am already well positioned with expected tps soon. Soon bitcoin will topple . $btc