Markets· ★★· neutral·

Sonic's double-digit rally faces money-flow test as key level looms

  • —Sonic posted double-digit gains in the past day on sustained buying
  • —A neckline break opens targets at $0.049 (+15%) and $0.0586 (+35%)
  • —MACD nears a golden cross at 0.00304 versus 0.00301 signal line
  • —MFI at 57.4 flags capital outflow over recent days
Why it matters: A neckline break would confirm the bullish reversal, but weak MFI risks consolidation or invalidation of the setup.
Source: Cryptonews.net