Technical analysis by SaltSugar about Symbol S: Buy recommendation (2/12/2025)

Long Sonic on H4-D1. Entry : current level or limit order @ 0.48 TP : 1.5 and 2 Exit : confirmation on D1 below 0.38 (2nd test on Feb,8 of local lows) FA: Sonic - EVM L1-chain with high performance (10k TPS with subsec finality) Previously it was Fantom but recently rebranded. CTO - Andre Cronje. Trades on all major CEX. Top-21 among Chains (Defillama) by TVL - $393mln 1/ Strategic angel investors: Michael (Curve), Stani (Aave), Robert (Compound), Tarun (Gauntlet), and Sam (FRAX), as well as our venture partners Hashed, Signum Capital, and UOB Venture Management (source: soniclabs). 2/ FDV = MCap!!! 3/ Massive airdrop on June around $100mln (current TVL - $393mln, so it's 25% profit on you locked capital if the price remains the same) 4/ 90%-revenue sharing with dApps built on Sonic TA: 1/ EMA21 and 55 cross on H4 2/ strong bounce on high volume above PoC and MA-cross 3/ capitulation on Feb,3 (weak hands shakeout) Can repeat that SUI did.#16 Top Chains TVL - $544mln (+43.5% WoW growth)