Sonic drops 26% from intraday high, tests $0.05 support
- —Sonic fell from $0.07379 to $0.05472, down 26% from its intraday high
- —Support sits at $0.0523–$0.0500, with $0.0445–$0.0463 as the next zone
- —Resistance levels: $0.0600–$0.0610 and highs of $0.069–$0.074
- —Sonic Labs will burn unclaimed Season 1 and 2 airdrops on October 15
Why it matters: Holding $0.05 will set Sonic's near-term trend, while the airdrop burn trims the token's supply.
Source: TokenPost