💜 Today I will talk about the coin #SONIC.

The coin looks interesting, I see a couple of scenarios:

— So, we are observing a downward movement on the chart, and the price is currently $0.0790. Below us, there is a "Weak Low" level that attracts the price like a magnet.

- Right now, I am waiting for a drop to $0.0760 to gather liquidity. From there, we will either be pushed lower or we will have a good bounce and go up.

- If we go up after collecting the stops, then I am waiting for a return to $0.0860. — Upon breaking this zone, I will expect a move to $0.0980 (Strong High).

There, one needs to be careful: from $0.0980, there is a high probability of getting a strong seller reaction and a reversal down.

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$SONIC

SONICUSDT

Perp

0.079

+1.02%