{"id":6173,"date":"2025-07-29T16:26:31","date_gmt":"2025-07-29T16:26:31","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sonic-weakness-continues-below-support-why-price-can-reach-a-new-yearly-low\/"},"modified":"2025-07-29T16:26:33","modified_gmt":"2025-07-29T16:26:33","slug":"sonic-weakness-continues-below-support-why-price-can-reach-a-new-yearly-low","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sonic-weakness-continues-below-support-why-price-can-reach-a-new-yearly-low\/","title":{"rendered":"Sonic weakness continues below support, why price can reach a new yearly low"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Sonic has broken below the point of control, accelerating bearish momentum toward a major confluence zone. Price now approaches the value area low, where a potential bottoming structure may decide its next move.<\/p>\n<div id=\"cn-block-summary-block_c293de8b1d62787da0962b2486236cad\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Sonic closed below the point of control, confirming bearish continuation toward the value area low.<\/li>\n<li>The current support zone aligns with the yearly low and high-timeframe structure.<\/li>\n<li>Reversal requires a bottoming pattern and rising volume to regain bullish momentum.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The recent candle close below the point of control (POC) has triggered a strong bearish continuation in SONIC\u2019s (Sonic) price, bringing it rapidly toward the value area low. This region is especially significant as it aligns with the yearly low and a key high-timeframe support near $0.26. The failure to reclaim the value area high and the rejection at daily resistance now serve as major signs of weakness in the market structure.<\/p>\n<h2 class=\"wp-block-heading\">Key technical points:<\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>Bearish Breakdown Confirmed: <\/strong>Price closed below the POC and failed to reclaim the value area high.<\/li>\n<li><strong>Confluence at Value Area Low: <\/strong>This level aligns with the yearly low and a key high-timeframe support.<\/li>\n<li><strong>Volume Profile Weakness:<\/strong> Low demand at highs, followed by bearish volume as price declines.<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14401008\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">SUSDT (1D) Chart, Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>Sonic\u2019s inability to reclaim the value area high marked a clear shift in sentiment. After a failed bullish retest, price was unable to close above the key resistance level on a daily basis. This breakdown, combined with a weak volume profile, revealed the absence of sustained buying interest and hinted at a deeper retracement, now confirmed as price descends toward major support.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The current move finds price pressing into a region that holds multiple technical significances: the value area low, the yearly low, and the high-timeframe support around $0.26. This confluence makes the level a potential pivot point for the next market move. However, bearish volume inflows at this level suggest sellers remain active, and any reversal attempt must be supported by a shift in both structure and volume.<\/p>\n<p>For a reversal to materialize, Sonic may need to sweep the yearly low and form a bottoming structure, such as a double bottom or bullish divergence, before any sustainable rally can begin. Until that happens, the overall structure remains bearish, and price may continue consolidating or seeking lower liquidity zones. Should a base form at current levels and volume begin to rise with demand, a rotation back toward the point of control or even the all-time high could become a viable scenario.<\/p>\n<h2 class=\"wp-block-heading\">What to expect in the coming price action<\/h2>\n<p>Sonic is now testing the value area low, a key support zone that may determine the next phase of price action. A bottoming pattern around this region could spark a reversal toward higher levels, while continued bearish volume could drive price through support and extend the current downtrend.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sonic has broken below the point of control, accelerating bearish momentum toward a major confluence zone. Price now approaches the value area low, where a potential bottoming structure may decide&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6173","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\/6173","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=6173"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6173\/revisions"}],"predecessor-version":[{"id":6175,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6173\/revisions\/6175"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6174"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}