Sonic jumps 11% after long slump: Price can reach $0.40 IF…

2025-07-13 07:12:51

Main Idea

Sonic (S) has surged over 11% in 24 hours, breaking a key resistance level, which may signal a potential reversal if bullish momentum continues.

1. Sonic's price increased by over 11% in the last 48 hours, breaking past the $0.3604 resistance level.

2. The recent rally suggests a possible shift in market structure, indicating early signs of a reversal.

3. Spot Volume Bubble Map shows signs of cooling, reflecting cautious market sentiment due to Sonic's weak recent performance.

4. If bulls push Sonic past immediate resistance, the next target zones are $0.4076 to $0.5438, where previous rejections occurred.

5. Futures Volume Bubble Map indicates an optimistic bullish trend despite recent cooling.

Sonic gains 11% as token turnover spikes but bubble maps suggest cooling phase ahead.

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