Buyers need to show up fast, or Sonic is sliding straight into the next liquidity zone. While the bands are tightening and price is hovering below them, momentum is fading. Stoch and Stoch RSI suggest a short-term bounce is possible, but RSI dipping below 50 signals weakening strength.
Bulls either step in here, or this breaks down further and I'm eager to add more. Sonic
S will be good to our wallets :)
Bulls either step in here, or this breaks down further and I'm eager to add more. Sonic
S will be good to our wallets :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.