The crypto world is buzzing again, and this time it's Sonic (SONIC) leading the charge! ๐Ÿ”Š๐Ÿ’™ Known for its speed-themed branding and meme appeal, Sonic has just broken a key market structure and is now eyeing a fresh upward target after a successful bullish retest. Letโ€™s dive into whatโ€™s happening and whatโ€™s next! ๐Ÿ‘‡

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๐Ÿ” Market Structure Break โ€” What Just Happened?

Sonic recently broke above a major resistance level, signaling a shift in trend from bearish to bullish. This kind of breakout usually marks the beginning of a strong move, and thatโ€™s exactly what weโ€™re witnessing! ๐Ÿ“ˆ๐Ÿ”ฅ

โœ… Previous Resistance: $0.0000085

โœ… Current Price: Hovering around $0.000010

โœ… Structure Break Confirmation: Daily candle close above resistance with high volume ๐Ÿ“Š

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๐Ÿ”„ Bullish Retest โ€” The Smart Money Move ๐Ÿ’ธ

After the breakout, Sonic came back down to retest the previous resistance, which has now turned into support. This is called a bullish retest, and itโ€™s a strong confirmation that the market is ready to go higher. โœ…

๐Ÿ“Œ Price bounced perfectly off the new support

๐Ÿ“Œ Traders and whales have started accumulating again ๐Ÿ‹

๐Ÿ“Œ Market sentiment is turning more optimistic ๐Ÿ˜Š

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๐ŸŽฏ New Target in Sight โ€” Whereโ€™s Sonic Heading Next?

With momentum building and technicals lining up, analysts are now targeting the $0.000012 to $0.000015 range as the next destination for Sonic. If bullish pressure continues, we might even see:

๐Ÿ’ฅ Short-Term Target: $0.000012

๐Ÿ’ฅ Medium-Term Target: $0.000018

๐Ÿ’ฅ Long-Term Hype Target (If market stays bullish): $0.000025+

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๐Ÿ“Š Indicators Supporting the Rally

๐Ÿ“ˆ RSI: Trending upwards, not yet in overbought zone

๐Ÿ”ต MACD: Bullish crossover on the 4H and Daily chart

๐Ÿ“Š Volume: Increasing steadily, confirming buyer interest

๐Ÿ“Š Whale Activity: Notable accumulation on-chain

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๐Ÿง  Final Thoughts โ€” Should You Keep an Eye on SONIC?

If youโ€™re into meme coins with solid community backing and breakout potential, Sonic should definitely be on your radar. ๐ŸŒŸ

But remember, as with all crypto investments, do your own research (DYOR) and donโ€™t chase green candles blindly. ๐Ÿšฆโš ๏ธ

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๐Ÿ’ฌ What do YOU think? Will Sonic zoom past its next resistance like the blue blur it's named after? ๐ŸŒ€๐Ÿ’จ

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