Sonic Shatters Market Structure—Bullish Retest Sets Stage for Explosive Rally

Sonic isn't just breaking resistance—it's rewriting the rulebook. After a textbook bullish retest, the asset now eyes fresh highs while traders scramble to reposition.

Why this move matters

Market structure breaks don't get cleaner than this. The retest held flawlessly—no shaky wicks, no desperate liquidity grabs. Just pure algorithmic conviction plowing through what used to be stiff resistance.

Where the smart money's looking

Target zones now loom overhead like unclaimed treasure. Meanwhile, legacy finance still debates whether crypto is 'real'—as if 14% single-day moves are some collective hallucination.

Watch those liquidation clusters. When Sonic runs, it doesn't stop for stragglers.

Key technical points:

• Break of Market Structure: Price has invalidated months of bearish trend by breaking above the $0.40 level
• Bullish Retest of POC: A successful retest of the Point of Control is signaling continued strength
• $0.52 Resistance in Sight: Price is targeting the next high time frame resistance at $0.52 if current momentum holds

The bullish reversal for Sonic began at the yearly low NEAR $0.26, a zone of historical significance that aligns with the value area low on the volume profile. Since then, price has been trending upward aggressively, forming higher highs and higher lows on both lower and higher time frames.

The decisive break above $0.40 confirmed the first major sign of a market structure shift. This level had previously served as a hard ceiling for price action. The breakout, followed by a clean bullish retest, indicates that buyers are regaining control. The POC, a zone with the highest volume traded within the recent range, is now acting as a support platform for continuation.

Volume remains a critical factor in validating the strength of this breakout. So far, Sonic has shown encouraging signs with volume picking up slightly as price retests key levels. However, a sustained influx of volume is needed to confidently project a move toward the $0.52 resistance level, where sellers are likely to step in again.

What to expect

If Sonic maintains price action above the $0.40 resistance and volume continues to rise, the probability of a move toward $0.52 is strong. This level represents the next high time frame resistance and could act as the next decision zone for continuation or consolidation.