{"id":3179,"date":"2025-06-17T19:16:11","date_gmt":"2025-06-17T19:16:11","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sonic-token-crashes-to-new-lows-can-it-recover\/"},"modified":"2025-06-17T19:16:12","modified_gmt":"2025-06-17T19:16:12","slug":"sonic-token-crashes-to-new-lows-can-it-recover","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sonic-token-crashes-to-new-lows-can-it-recover\/","title":{"rendered":"Sonic token crashes to new lows: can it recover?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Sonic is currently flashing critical red-alert signals on the chart, with price action breaking below the yearly swing low and hovering at a key decision point. The market structure remains decisively bearish, and unless bulls step in at this final support, a breakdown toward $0.12 becomes the dominant scenario.<\/p>\n<p>Sonic is trading at its lowest level of the year, having breached the previous swing low, a significant structural support. This places SONIC (SONIC) at a high-risk inflection point where bulls must defend or risk triggering a full-blown bearish expansion. While a swing failure pattern could still be confirmed with a rapid recovery, the current trend, marked by lower highs, lower lows, and weak volume, paints a fragile picture.<\/p>\n<h2 class=\"wp-block-heading\">Key technical points<\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>Swing Low Break Signals Weakness: <\/strong>Price is now trading below key yearly support, increasing downside risk.<\/li>\n<li><strong>$0.49 Resistance or $0.12 Breakdown: <\/strong>A recovery could target $0.49, but a failure to hold current levels may trigger a bearish move to $0.12 (Fibonacci extension).<\/li>\n<li><strong>No Volume Support Yet: <\/strong>Bullish volume remains absent, reducing the probability of a reversal without significant demand.<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14389594\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">SUSDT (1D) Chart, Source: TradingView<\/figcaption><\/figure>\n<p>Price action on Sonic has continued to deteriorate, with the asset now closing below the prior swing low, establishing a new yearly low. This is a strong bearish signal, especially given the consistent pattern of lower highs and lower lows that has dominated the chart in recent weeks.<\/p>\n<p>The current zone is a make-or-break level. A bullish recovery from here would form a swing failure pattern (SFP), where price reclaims the broken low and rallies. If confirmed with a spike in volume, this would likely trigger a move back toward the $0.49 resistance, a level that has previously held on higher timeframes.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>However, if the price continues to close weakly below this last line of defense, the probability of a further breakdown sharply increases. The next major target lies at $0.12, based on the Fibonacci extension of the latest bearish swing. Currently, volume is not supporting a bullish reversal. There\u2019s been no sign of meaningful buy-side participation, and without that, the path of least resistance remains to the downside.<\/p>\n<h2 class=\"wp-block-heading\">What to expect in the coming price action<\/h2>\n<p>Sonic is at a critical inflection point. Bulls must reclaim the broken support zone quickly to prevent a deeper collapse. If support fails, expect price to target the $0.12 region in the coming weeks. Until volume returns and structure shifts, bearish momentum remains in control.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sonic is currently flashing critical red-alert signals on the chart, with price action breaking below the yearly swing low and hovering at a key decision point. The market structure remains&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3179"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3179\/revisions"}],"predecessor-version":[{"id":3181,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3179\/revisions\/3181"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3180"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}