#PriceTrendAnalysis Altcoin Sonic (S) continues its impulsive growth: capitalization exceeded $2.6 billion

🚀 The Sonic (S) token has demonstrated impressive growth: over the past two weeks it has grown by almost 97%, and over the past week — by more than 54%. The market capitalization has exceeded $2.6 billion.

📈 We analyze the situation on the Sonic market: the ADX directional index has sharply increased to 51.6, indicating a strong trend. The RSI indicator has reached 78.4, indicating that the asset is overbought.

🔍 According to forecasts, Sonic may overcome the $1 mark. In case of sustainable growth, the token may reach the level of $1.06, confirming the beginning of a new bullish trend. However, a rollback to the support levels of $0.65 and $0.58 is possible if the trend reverses.