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Sonic Token Confirms Bullish Deviation, Targets $0.60 in Range Play

Sonic Token Confirms Bullish Deviation, Targets $0.60 in Range Play

Global Cryptocurrency
Release Time:
2025-06-02 19:14:02
0

Sonic token has staged a decisive recovery after confirming a deviation at its $0.38 support level, setting the stage for a potential 55% upside move within its current trading range. The cryptocurrency briefly dipped below key support to sweep liquidity before reclaiming the level with an impulsive bullish candle—a classic deviation pattern that often precedes strong reversals.

Technical analysis suggests the token could now rotate toward the range high at $0.60, having cleared stop losses and sell-side pressure below support. Rising volume and sustained volatility lend credibility to the setup, with the next resistance zones appearing at the value area low and a nearby bearish order block.

Market participants are watching whether this technical breakout can sustain momentum, as such deviations frequently lead to either mean reversion or range expansion moves. The clean liquidity grab below $0.38 has created favorable conditions for bulls to push price through the established trading band.

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