Sonic Jumps 19.15% in 24 Hours, Tests $0.040 as Support
- —Sonic gained 19.15% in 24 hours as trading volume surged 259.39%
- —Price broke $0.03233 and hit an intraday high near $0.04030
- —Top Binance traders hold 72.04% longs versus 27.96% shorts, a 2.58 ratio
- —Hourly RSI stands at 78.03, signaling overbought conditions, with a 26.1% monthly gain
Why it matters: A confirmed hold above $0.040 opens the path to $0.050, but crowded longs risk a liquidation cascade on any pullback.
Source: TokenPost