Sonic crypto price prediction: Can S hold $0.05 after its sharp retreat?

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Sonic (S) dropped from $0.07379 to $0.05472 on October 13, approximately 26% below its recent high. The accumulation/distribution indicator fell sharply after improving during the recovery, suggesting weakening support. About 32.69 million S tokens remained unclaimed ahead of the October 15 airdrop claim deadline, with unclaimed tokens set to be burnt. Immediate support sits around $0.0523–$0.0500, with the next downside target at $0.0445–$0.0463 if the $0.05 level breaks.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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