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
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SONICUSDT trade ideas
$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