#SonicUpgrade #Sonicnetwork #SonicCoin #SONIC #SonicAnalysis

$S (Sonic coin) is currently priced between $0.510 to 0.520 on Binance. The chart shows that it may rise soon, especially if it breaks above the resistance level. If that happens, The price could go as high as $0.980 to $1.39 to $1.46 later. This is based on a strong chart pattern called a "double bottom". Which often signals a price jump.

However there is a risk. A planned 1:1 token swap with FTM might increase Sonic's total supply. Which could drop the Sonic's price.

Overall, Sonic has a chance to grow, but traders should watch the supply news carefully and be cautious before investing.

For now its best to wait for a clear breakout or more updates on the token swap before making big moves. Watching volume, RSI, and market sentiment can also help in deciding the right time to buy or sell.