SONN - Small Cap high of Day Momentum Sonnet BioTherapeutics Holdings, Inc.NASDAQ:SONNTWRTEAMSymbol: SONN Exchange: NASDAQ Index: U.S. Small-Cap / Penny Stock Segment Metric Analysis Market Cap: $0.02B → Ultra-small market capitalization, meaning high percentage price swings possible with relatively small dollar inflows. Public Float: 5.77M shares → Very low float; even moderate buying pressure can cause outsized moves. Leverage Multiplier: 5.2x → High leverage environment; moves tend to accelerate in either direction. Pump % / Price X: ▲ 52.38% / ▲ 44.81% → Strong recent upside movement, momentum confirmed. Previous Close → Now: $2.99 → $4.35 (+45.48%) → Strong bullish impulse within a short timeframe. Explosive Ratio (10d): 1.34 → Indicates moderate but tradable volatility compared to recent history. Estimated Penny Stock Price Range: $0.92 – $17.25 → Shows both downside risk floor and extreme upside historical spike potential. Momentum Signal: Strong Bullish → Supported by VWAP hold and multi-timeframe alignment. Beta Signal: High volatility — Price/Float ratio ▲ 1.36 and float impact ▲ 1042.35% → Strong capability for parabolic moves. State 1 – Early Breakout Setup VWAP Hold: Price trading above VWAP ($3.79) — bullish bias. Trigger Zone: Setup Trigger Zone around $4.00 holding as support. Capital Defense Line: $3.43 → Key stop-loss for early entries; losing this weakens setup. Volume Profile: Heavy accumulation in $3.50–$4.00 range — institutional or aggressive trader defense zone. Short-Term Momentum: Strong, confirmed across multiple intraday timeframes. State 2 – Breakout Confirmation Momentum Hold: TP1 at $5.05 — clearing this confirms the move is holding strength. Next Zones: TP2 (Intensity Zone): $6.26 — often where momentum traders add. TP3 (Breakout Shift Zone): $9.14 — psychological & technical shift point. Max Exhaustion Limit: $17.25 — aligns with historical wave high, extreme target. Risk-to-Reward: Still favorable as long as price holds above $4.00. Bias & Strategy Short-Term: Momentum scalps above VWAP; pullback to $4.35 with buyers stepping in is an optimal quick trade spot. Medium-Term: Swing opportunity if $5.05 breaks on volume; aim for $6.26–$9.14 zones. Risk Control: Maintain stops under $3.43 if holding size; smaller scalps can use VWAP as dynamic stop. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Penny stocks are highly volatile and can result in rapid gains or losses. Always manage risk with stop-losses and position sizing. Never risk funds you cannot afford to lose. ALGTP® Indicators are designed to assist in technical decision-making but do not guarantee outcomes.