Sonic price continues to trade under bearish pressure, with lower lows persisting and bullish volume remaining weak, increasing the probability of a deeper correction toward key high-time-frame support levels. Sonic’s (S) recent price action reflects a continuation of its broader bearish trend, with the market showing little sign of recovery so far. The asset remains structurally weak, and consecutive lower lows have kept downward momentum intact. With bullish volume failing to materialize, concerns are rising that Sonic may be setting up for another leg down, even as the Sonic Labs CEO unveils a utility-focused growth strategy to strengthen long-term adoption. Sonic price key technical points: Sonic continues printing lower lows and lower highs, confirming bearish structure Weak bullish volume suggests buying pressure remains limited Loss of $0. 10 support may trigger a move toward a new yearly low Sonic struggles to stabilize Sonic is experiencing repeated breakdowns at lower time frames. The chart continues to show a sequence of lower lows and lower highs, which reinforces the dominant bearish structure. Price is now retesting the value area low, a region that has temporarily held, but the lack of meaningful bullish volume indicates that weakness still surrounds the asset. The key high-time-frame support at $0. 10 is one of the most essential levels for Sonic to maintain. Historically, this zone has acted as a foundational support in previous corrective structures. While Sonic may see short-term rallies from this region, any rebound supported by weak volume carries a high risk of forming another lower high rather than initiating an actual reversal. If this scenario unfolds, the likelihood increases that Sonic will eventually retest and potentially break below its high-time-frame support. Such a breakdown would likely send the price toward the prior swing low. Taking out this swing low would then establish a new yearly low, firmly extending the broader bearish downtrend, especially amid rising criticism from Polygon and Sonic Labs co-founders who argue the Ethereum Foundation has failed to prioritize layer-2 progress, adding further uncertainty to the ecosystem’s outlook. From a market-structure perspective, Sonic despite new leadership remains clearly bearish. There has not yet been a confirmed higher low, nor has there been a meaningful shift in trend behavior. Without these structural signals, downward continuation remains the more probable outcome. Until Sonic demonstrates a clear recovery by reclaiming key structure or bringing in stronger buying volume, the path of least resistance remains to the downside. Sonic price action If Sonic fails to reclaim structural levels and continues to print lower highs, a deeper correction toward a new yearly low becomes likely. Holding $0. 10 remains critical, but until volume and structure shift, bearish conditions may persist in the near term.
https://crypto.news/sonic-price-weak-bearish-structure-correction-ahead/
Sonic price weakens as bearish structure holds, deeper correction ahead?
