Technical analysis by The_Alchemist_Trader_ about Symbol S: Buy recommendation (10/9/2025)

Sonic Token has reclaimed its range low, forming a strong technical base that supports further upside toward the $0.32 region. The current setup shows confluence between the 0.618 Fibonacci retracement and the point of control, both serving as pivotal support zones. Price is consolidating above this region after invalidating a prior deviation. If the value area low is lost, a brief corrective move toward $0.25 could occur before resuming higher. The broader structure remains bullish, supported by a clean sequence of higher lows and consistent demand near key levels. What to Expect: Holding the $0.27–$0.29 zone would likely sustain momentum toward $0.32 and beyond. As long as price remains above the reclaimed range low, Sonic Token retains a bullish outlook.