Crypto News

Can volume break the stall?

Sonic is trapped in a narrow range during the last 48 days, which does not show the true signs of burglary. With installation and water level of resistance, the working action of the price remains stuck in a rotary environment. The breakup or malfunction will set the tone for the next big move, but for now the market has remained limited.

Sonic (S) The action of the token price was limited under a clearly defined range, and a constant lack of moment that keeps traders carefully. Despite smaller fluctuations, volume remains low, and key resistance continues to suppress any attempts to interrupt. This article will explore the current technical structure, levels of resilience and support and potential scenarios that could run the next trend.

Key technical points

  • The price of the price is stuck in a well-defined range with a high and low border.
  • The main resistance includes VVAP SR, 0.618 Fibonacci level and high value values.
  • Middle point loss could start a cascade according to unused liquidity below.
Sonic Price is stuck in range: Can a tin stallion? - 1
SUSDT (1D) Graph Source: TradingView

48 consecutive days, Sonic consolidated in the range, creating clearly defined high and lower. While the price does not violate this structure, consolidation is expected.

Above current levels, resilience remains heavy, with VVAP SR, redrebation of 0.618 fibination and area of ​​value high aligning. The price remains suppressed below these resistance, increasing the likelihood of constant action related to continuing.

The strength remains constantly below average, another critical factor that suggests extended consolidation. Without significant volume inflows, the price is unlikely to avoid the current range. Currently Sonic floats around the middle point of the range. The loss of this environment would significantly increase the chances of cascading downward, targeting unused liquidity pools and lower support levels.

Bear scenario centers around this potential cascade: a break under the middle, it could run a sharp move down, because liquidity is. In contrast, the Bacara case would require strongly regain resistance to VVAP SR, confirmed by multiple closing candles. This would probably start the move towards the amount of the range, where the sellers could come in again.

What to expect in the upcoming price of the store

As it stands, sound will probably stay trapped within a 48-day band, unless the main volume goes into the market. Strongly rivers VVAP SR would strengthen the bakery case, putting pushing toward the heights of the range.

However, a midpoint maintenance failure will probably run liquidity hunting and a deeper target below. Until the decisive interruption occurs, it expects several action for rotary price within the limits established.

https://crypto.news/app/uploads/2025/04/crypto-news-Sonic-option04.webp

2025-04-28 22:34:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button