SONIC JUST RIPPED 30 PERCENT WHILE THE MARKET SLEPT
Bitcoin is flat near $83938 and Ethereum is up only 2 percent near $2559 so the market looks boring from the top
Under the surface it is a different story and Sonic is the proof
$S jumped 30 percent in 24 hours and price now sits near 6 cents with strong spot volume behind it
Sonic is the high speed chain built for DeFi and real world apps and speed narratives always catch fire when traders get bored of majors
The move came with real bids not a single exchange wick which tells you fresh money is rotating in
My take as an analyst? Sonic has the tech story and the momentum but 30 percent in a day means weak hands will shake out and patience beats chasing
My call is WAIT for a dip toward 4 or 5 cents for BUY and HOLD if already in and never chase green candles
Do you think $S can hold 6 cents or is a shakeout coming first?
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #Sonic
Bitcoin is flat near $83938 and Ethereum is up only 2 percent near $2559 so the market looks boring from the top
Under the surface it is a different story and Sonic is the proof
$S jumped 30 percent in 24 hours and price now sits near 6 cents with strong spot volume behind it
Sonic is the high speed chain built for DeFi and real world apps and speed narratives always catch fire when traders get bored of majors
The move came with real bids not a single exchange wick which tells you fresh money is rotating in
My take as an analyst? Sonic has the tech story and the momentum but 30 percent in a day means weak hands will shake out and patience beats chasing
My call is WAIT for a dip toward 4 or 5 cents for BUY and HOLD if already in and never chase green candles
Do you think $S can hold 6 cents or is a shakeout coming first?
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #Sonic