Sonic Price Breaks Pattern: 55% Swing Looms as Traders Eye $0.60 Target

Sonic’s price action just ripped up the technical playbook—now traders are bracing for a volatile 55% range expansion.

The breakout confirms a deviation from previous patterns, putting the $0.60 price target squarely in play. Whether this is genuine momentum or just another crypto paper gain remains to be seen—after all, in this market, even ’confirmed deviations’ sometimes vanish faster than a retail trader’s stop-loss.

Key technical points

• Confirmed Deviation at $0.38 Support: Price dipped below and reclaimed the level with an impulsive bullish candle, confirming a liquidity grab.
• 55.6% Upside Within Trading Range: Current range from $0.38 to $0.60 presents a high-probability play if range rotation continues.
• Next Resistance Zones: Value area low and bearish order block act as short-term barriers before the $0.60 daily resistance.

This deviation has cleared out liquidity below the range, likely removing sell-side pressure and positioning Sonic for a clean run through the range. With stop losses taken and volume rising, the structure now favors a continued rotation toward the upper boundaries of the range.

The next resistance levels to watch include the value area low, which marks the initial barrier within the range, followed by the bearish order block, a zone of previous supply. Once price enters this region, a reaction may occur, but if momentum continues and volume sustains, a clean expansion to the point of control and eventually the $0.60 daily resistance becomes probable.

Although price remains rotational, the confirmed deviation and reclaim of support suggest that the lower bound of the range has been defended effectively. From a market structure standpoint, Sonic is now trading at what many WOULD consider max value, the range low.

In this scenario, price often rotates back toward fair value and beyond, particularly in the presence of bullish volume and confirmed liquidation of prior lows.

What to expect in the coming price action

As long as Sonic holds above the $0.38 support and volatility continues with volume confirmation, the odds favor a move toward $0.60 resistance. The deviation structure adds weight to the bullish scenario, setting up a potential 55.6% range rotation play.