$SONIC Price attempted a minor recovery but failed to break structure, rolling over back into the dominant downtrend. Momentum is weak and corrective.

Liquidity above recent highs has been absorbed quickly, with sellers stepping in aggressively on every push higher.

Support and resistance are clearly defined.

Upside resistance is located at 0.082–0.088.

Downside support sits at 0.068–0.062 as the next downside magnet.

Structure favors continuation lower.

Short Trade Signal

Margin: 20x – 50x (Cross)

Entry 1: 0.082

Entry 2: 0.088

TP1: 0.068

TP2: 0.062

SL: 0.093

Short #SONIC Here 👇🏻👇🏻

SONIC
SONICUSDT
0.073
+0.05%