SONIC Update (2H)This analysis is an update of the analysis you see in the "Related publications" section
Since the previous analysis, it has dropped by over 21%.
There is limited data available for this symbol. Considering the time gaps, it seems the waves of this diametric are expanding.
Currently, it appears that we are in the middle of wave C.
We are still within the green zone of the previous analysis. It is better to shift the buy zone to the green area of this update.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SONICUSDT.P trade ideas
SONIC - Soon ready to be boughtSonic is forming a falling wedge pattern, and there is an opportunity to buy this coin at the bottom of the trendline. If you want to trade it in the short term, you can sell at around 0.65 USDT for a 50% profit. This can take only a few hours or days to reach the profit target, so you don't need to wait too long as the volatility is really high.
From the Elliott Wave perspective, we have finished the complex WXY correction composed of 2 zigzags (ABC). I believe Sonic will go up in the long term, as the fundamentals are pretty promising. Sonic SVM is the first chain extension on Solana - for games, applications, and industry’s first TikTok App Layer.
Thank you, and have successful trades!
The last bullish chance of SONIC in short term!This could be Sonic's last bullish chance. If Sonic cannot hold the critical support at 0.50, the price will drop below 0.47. However, if it successfully breaks the wedge, it could rise to 0.57.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SONIC update - What Shall we Expect !!!The price has now reached a critical point that can be decisive. If the wedge breaks, the price will rise to 70 cents. If this does not happen and the Fibonacci line 0.382 is lost, the price will fall to 40 cents.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SONIC - New altcoin, is 10x possible?SONIC is a new altcoin that has been listed on all major exchanges. I received many requests from you to do an analysis on it and if it's worth it to buy. First, let's take a look at fundamentals, then technicals.
The market cap is 202 million dollars ($202.91M) and is ranked #362. There is room to grow, as the market cap is not that high. As the coin is listed on major exchanges, it has relatively good liquidity, and you can trade it on the futures market. You can go long/short, and the volatility is extremely high. Pretty much every retail trader is addicted to volatility because if the coin is not moving, there are no opportunities. Always choose coins that move; you don't want to be stuck in the boring range.
Sonic is the first SVM network extension to launch on Solana, for games and applications. They are partners with Backpack, OKX Wallet, Metaplex, Pyth, Solayer, and more. The Solana network is getting popular, also with the latest TRUMP coin pump. They have 566k followers on Twitter and the number is rising pretty quickly.
Now, can this coin 10x? Yes, but this will definitely take some time. If you want to trade this coin, which I highly recommend due to its high volatility, you can take the following trade.
On the chart, you can see a descending channel, and I see an opportunity to go long on the next touch of it. Take profit is at the top of the channel or liquidity zone above the previous range, which you can see on the chart. Now, I am very curious - What do you think about this coin? Buy or sell? Let me know in the comment section. Thank you and have success!
SONIC Analysis - What Shall we Expect !!!The price is within an ascending wedge and this can be a bullish signal for SONIC. However, we need to wait for this wedge to be broken and then wait for the price to rise. Currently, the price can be bearish because more funds have been injected into Bitcoin to allow Bitcoin to find more stability in the coming days.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SONIC buy/long setup (4H)In hourly timeframes, SONIC appears to be forming a diamond-shaped diametric pattern.
Each leg of this diametric lasts between 9 to 31 days, and each drop within the pattern ranges from 33% to 41%.
The E wave could potentially complete within the green zone, after which the F wave may move upward, resulting in a 30%–40% bounce.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$SONIC Bullish Reversal: Falling Wedge Setup!SET:SONIC is forming a falling wedge, a sign of potential bullish reversal.
Price at $0.68, with key support $0.43-$0.45.
Look for a breakout above $0.75 for short-term targets at $1.50 and medium-term at $2.00-$4.50.
@SonicSVM
first chain extension on Solana for games, apps, and TikTok App Layer, using Sonic HyperGrid Framework to onboard a billion users to Web3.
Price: $0.68
Market Cap: $221.82M
SONiC: $1.15 | What is Tiktoks ValuationSonic SVM is the first chain extension on Solana
for games, applications, and industry’s first TikTok App Layer.
vision is to expand the existing Solana Gaming Ecosystem
to process millions of requests per second per game
and settle them back onto Solana L1.
SONiC is going to eat the world
--
i recall ByteDance
the mother company of Tiktok is around $300bn
and it dominates SHARE of MiND across the space
so a DECACORN is the target for this Gaming Project of SOLANA SONiC Big Shots
DECA is $10bn Market Cap
==
fellas.. size ur entries
in chunks