【$SONIC Signal】Long | Short squeeze confirmed, deep imbalance support

$SONIC After a 24-hour surge, the price consolidates strongly at high levels, with deep buy orders significantly thicker than sell orders. This is a typical short squeeze scenario, not a top.

🎯 Direction: Long

🎯 Entry: 0.0535 - 0.0540

🛑 Stop Loss: 0.0518 ( Breaks below the previous 4H K-line low and EMA20 support, rigid stop loss )

🚀 Target 1: 0.0585

🚀 Target 2: 0.0620

Hardcore logic: The price has stabilized above EMA20 (0.0461) and EMA50 (0.0458), confirming the trend. Key data resonance: 1) Funding rate -0.67%, extremely high cost for short positions; 2) Open interest (OI) remains stable at 55.2 million, no signs of major players closing longs; 3) Depth imbalance reaches 11.86%, bids far thicker than asks, indicating institutions are supporting the price at key levels. The 4-hour chart shows healthy volume expansion on upward moves and volume contraction on pullbacks. RSI (72.59) is high but within a reasonable range for a short squeeze scenario; avoid contrarian shorting. Current consolidation is a healthy digestion of the previous high at 0.0567, waiting for a second push higher.

Trade here 👇 $SONIC

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