SONM (Supercomputer Organized by Network Mining) is a decentralized Ethereum-based platform whose goal is to redistribute the computing power of all network users. It allows, on the one hand, access to the necessary resources, and on the other hand - to sell unused computer time. The SONM platform creates a decentralized network without a single center - with server or data storage - a network of fog computing.
The principles of building a SONM platform are based on ensuring the stability of the network, where disabling a number of users will not lead to a system collapse.
The minimum asset price was formed on November 20 at the level of 0.00000586. Noted, that the rates growth occurs at high trade volumes, and the fall - at a low one, which indicates interest in the token.
The point of entry into the asset lies within 0.00000636 - 0.00000644 BTC . Opening positions, you should take into account that intraday volumes can be many times higher than the average. Be sure to put a stop loss at the level of 0.00000629. The support line is at the level of 0.00000642, but it's worth considering that the asset rate is not far from the minimum values, a breakdown is possible. The resistance line is 0.00000903, but it is rather weak. Therefore, the sales zone is set higher - in the range of 0.00001000 - 0.00001020.
It's hard to intraday trading because is 6-9 %, but liquidity is very unstable.
The coin is more suitable for trading in the medium term than for intraday. A working fog computing platform, clear plans for further product development and an actual idea suggest that the token is also suitable for long-term investments.