$S market update 🟢

Sonic shows bullish momentum with a breakout from $0.043 to $0.048. Sonic's labs plan to shift from on gas fees to real application activity, enhancing Sonic token's direct value support.

* Entry Point: 0.04700 – 0.04764

* Target 1: 0.05045 (Recent local high).

* Target 2: 0.05450 (Next psychological resistance level).

* Stop Loss: 0.04480 (Just below the recent consolidation and EMA support).

The asset is in a strong bullish breakout with high volume. However, the RSI is at 83, indicating it is heavily overbought. Expect short-term volatility or a brief retest of support before further upside.

#SONIC #Binance #USIranStandoff $S

S

0.04435

+9.75%