Current rate $SONIC — 0.08554 USD. The daily growth is impressive +18%, reflecting strong buying interest and accumulated volume. RSI on the 24-hour timeframe is 63.76 — the indicator is in the moderate growth zone, not overbought (below 70), which leaves room for further upward movement without immediate correction.
Analytics: SONIC demonstrates high volatility typical for promising altcoins on Binance. The growth is supported by the overall market recovery, an increase in TVL in the ecosystem, and positive news about development. If we hold support at 0.08, a test of 0.10 is possible in the coming days. Long-term prospects are positive if the bullish trend of BTC is maintained — potential up to 0.12–0.15 in the medium term.
Trading plan:
Bullish scenario: Entry at current $SONIC 0.0855 or on a pullback to 0.083. TP1: 0.095 (+11%), TP2: 0.105 (+23%). SL: 0.082 (about 4% risk).
Bearish scenario: If the breakout $SONIC below 0.08 occurs, enter short. TP: 0.075. SL: 0.088 (3%).
I recommend using 1–2% of your deposit per trade, moving SL to breakeven at +5–7%. Risk management above all!
What do you think? Bulls or correction? Share your forecasts in the comments! 👇
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