$S Sonic Coin: Will the Bull Run Continue or Hit a Speed Bump?
Sonic Coin (S) has been on a high-speed rally, surging 15.46% in the last 24 hours, now trading at $0.6090. While still 39.26% below its all-time high of $0.99, momentum is building—but can it sustain its pace?
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Technical Breakdown: Is Sonic Gearing Up for a Breakout?
Support & Resistance Checkpoints:
🚦 Pit Stop (Support): $0.5075 → $0.4850 (If the rally cools down)
🚀 Speed Boost (Resistance): $0.57 → $0.65 (Breaking this could unlock the next leg up)
Momentum Signals:
✅ Falling Wedge Breakout → A bullish formation, signaling acceleration
✅ Golden Cross Alert → 12 EMA overtaking 26 EMA, hinting at continued momentum
✅ RSI in Neutral Zone → No overheating—still room to run
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Next Checkpoints: Price Targets in Sequence
1️⃣ Turbo Boost → $0.615 (First hurdle to clear)
2️⃣ Acceleration Zone → $0.65 (Major resistance—breaking it could trigger a strong rally)
3️⃣ High-Speed Stretch → $0.72 - $0.80 (If momentum holds, expect a breakout)
4️⃣ Overdrive Mode → $1.10 - $1.50 (Mid-term bullish confirmation)
5️⃣ Final Lap? → $2.82 (Long-term trajectory with a potential 440% gain)
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Final Verdict: Full Throttle or Caution?
🔵 Bullish Scenario: Breaking past $0.65 unlocks a highway to $0.72-$0.80 and beyond.
🔴 Bearish Scenario: Failing to hold $0.5075 support may force a detour.
🚀 Sonic Coin is revving up—can it break resistance and go full speed ahead? DYOR before investing!
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