🚀 Trading opportunity on currency #SONIC ($S ) 🚀
Current price: 0.0701$ 💵
🎯 Expected targets:
• First: 0.0722$
• Second: 0.0745$
• Third: 0.0761🎯
🛑 Stop loss:
• Close below 0.0680$
Sonic (S) currency is the developed version of the Fantom network, offering super speed and very low fees. The price is currently in a strong and important accumulation area, waiting for a launch signal after stabilizing above the current support.
📊 Indicator readings:
• Averages: The price is close to breaking the averages upwards, stabilizing above 0.0706$ is an excellent entry signal.
• Momentum (RSI): In a neutral position with an upward tendency, indicating there is still significant energy for the targets above.
• MACD: Signs of a positive crossover have started to appear, which is a nice indicator for a rebound.
💡 Tip:
Keep an eye on 0.0711$, breaking it means targets will come quickly. Distribute your entry and don't be greedy! 😉
⚠️ Warning:
This analysis is a personal opinion, not financial advice. The market carries risks and the decision is yours.
