Not sure to be bullish or bearish for the next 2 weeks but i believe big move are about to happen especially towards the end of this month.
I'm thinking we can either go down to $0.16/$0.17 quickly, or make it to 1.90/$2.00 towards the end of October with a bounce at $1.00 down to $0.80/$0.85
Factors:
Rising channel can be followed all the way back from Nov 2018, turning resistance into support for this long term trend. We have stayed within it since may 2022.
Has been consolidating at the bottom of this channel since February 2025.
RSI and MACD are flipping Bullish on the daily.
Alt season is starting to get talk about.
BTC playing with ATH.
Lots of long term support being bounce off of although this will be the 4th retest of support in my eyes.
shortest term descending channel just broke to the upside with a retest currently in play.
SONIC just announced a distribution of coins.
Sonic is a great project in my eyes and growing.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.