Sonic Token Shows Strong Market Recovery
Sonic token (SONIC) has marked a significant shift in its market trend. The cryptocurrency has broken above its point of control (POC),indicating the end of its downward movement. This bullish breakthrough is a positive sign for investors.
Currently, Sonic is undergoing a retest, which is a common step after a price surge. This retest confirms the strength of the new upward trend. If successful, the price could reach $0.52.This target is now within reach, thanks to the recent market changes.
For those unfamiliar, the point of control is a key price level. It’s where most trading activity occurs. Breaking above this level is a strong bullish signal. It suggests that the market sentiment has shifted from bearish to bullish.
Investors should keep an eye on Sonic’s performance. The successful retest will be a crucial moment.It could lead to further price increases. Stay tuned for updates on Sonic’s journey towards its new price target.
