Sonic Faces Critical Support Test as Price Dips to Yearly Lows
sonic’s price has hit a critical juncture, breaking below it’s yearly low. The market is showing strong bearish signs. Bulls need to act fast to prevent a slide toward $0.12.
Currently, Sonic is at its lowest point this year. It has fallen below a crucial support level. This move signals a bearish trend. If buyers don’t step in soon, the price could drop further. The asset is at a make-or-break level. Without a strong rebound, a deeper decline is likely.
Key points to watch:
- Price is below the yearly low, indicating weakness.
Key technical points:
- Price below yearly support, signaling weakness.
- Targets $0.49 on recovery or $0.12 on breakdown.
- No bullish volume,reducing reversal chances.
Without strong buying interest, Sonic’s price could fall further.Bulls need to act fast to prevent this.
