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

🚀 The Sonic (S) token shows impressive growth: it has increased by nearly 97% over the past two weeks and by more than 54% in the last week. The market capitalization has surpassed $2.6 billion.

📈 Analyzing the situation in the Sonic market: the ADX directional index has sharply risen to 51.6, indicating a strong trend. The RSI indicator has reached 78.4, indicating overbought conditions of the asset.

🔍 Forecasts suggest that Sonic may surpass the $1 mark. In the case of sustained growth, the token could reach the level of $1.06, confirming the beginning of a new bull trend. However, a pullback to support levels of $0.65 and $0.58 is possible if the trend reverses.