Sonic might be joining the death coins (Final warning)

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Sonic might be joining the death coins (Final warning)SUSDT Perpetual ContractBYBIT:SUSDT.PwitowskiantoniWanted to put this earlier but didn’t have time. The place I believe the correction move is about to end is in the range between 0.286–0.2905. That’s because this level holds a lot of liquidity — firstly, it’s under wicks, so it’s obvious that stop losses are placed slightly below. Another point is that we have several important Fibonacci levels there, including 0.222, which closes the 0.314–0.222 area. There’s also an FVG on the 1D timeframe marking the upper side of the range. At the bottom, we can see the 0.5 level from the 1W wick, and the same case with the 1M wick, which makes this zone a strong confluence. We should also keep in mind the triangle formation, which gives strong hope that this could be the last touch of the bottom before a huge pump. Last but not least, the lower VWAP is holding right in the middle of the red zone I drew. P.S. Divergences are working in our favor if we stop there. So the plan is to place 3 orders: •one at the top, •one in the middle, •and the last one slightly below, around 0.284. Stop-loss somewhere around 0.28. If we break this area, I’ll be looking for shorts targeting a new ATL — from the SONIC chart, not FTM of course. Let’s cross our fingers. I wouldn’t like to see SONIC drop below 0.25, but everything is possible, I guess.