S / TetherUS
Long
Updated

Long S/USDT (h4-d1). x3-4 probably.

5463
Long Sonic on H4-D1.

Entry: current level or limit order @ 0.48
TP: 1.5 and 2
Exit: confirmation on D1 below 0.38 (2nd test on Feb,8 of local lows)

FA:
Sonic - EVM L1-chain with high performance (10k TPS with subsec finality)
Previously it was Fantom but recently rebranded.
CTO - Andre Cronje.
Trades on all major CEX.

Top-21 among Chains (Defillama) by TVL - 393mln

1/ Strategic angel investors: Michael (Curve), Stani (Aave), Robert (Compound), Tarun (Gauntlet), and Sam (FRAX), as well as our venture partners Hashed, Signum Capital, and UOB Venture Management (source: soniclabs).
2/ FDV = MCap!!!
3/ Massive airdrop on June around 100mln (current TVL - 393mln, so it's 25% profit on you locked capital if the price remains the same)
4/ 90%-revenue sharing with dApps built on Sonic

TA:
1/ EMA21 and 55 cross on H4
2/ strong bounce on high volume above PoC and MA-cross
3/ capitulation on Feb,3 (weak hands shakeout)

Can repeat that SUI did.
Trade active
#16 Top Chains
TVL - 544mln (+43.5% WoW growth)

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