Sonic Plunges Below Critical Support – Here’s Why It Could Set a New Yearly Low in 2025

Sonic's price just breached a key support level—and traders are bracing for impact. Here's why this altcoin could be headed for fresh yearly lows.

The Breakdown You Can't Ignore

When support cracks, panic follows. Sonic's latest nosedive below its safety net signals more pain ahead as liquidity pools drain faster than a degenerate gambler's crypto wallet.

2025's New Floor?

With no bullish catalysts in sight and macro winds shifting, this could be the start of a race to the bottom. Remember: in crypto, 'oversold' is just a temporary state before 'more sold.'

Pro tip: Watch those liquidation levels like a hawk. The market doesn't care about your cost basis—only where the next cascade begins.

Key technical points:

• Bearish Breakdown Confirmed: Price closed below the POC and failed to reclaim the value area high.
• Confluence at Value Area Low: This level aligns with the yearly low and a key high-timeframe support.
• Volume Profile Weakness: Low demand at highs, followed by bearish volume as price declines.

Sonic’s inability to reclaim the value area high marked a clear shift in sentiment. After a failed bullish retest, price was unable to close above the key resistance level on a daily basis. This breakdown, combined with a weak volume profile, revealed the absence of sustained buying interest and hinted at a deeper retracement, now confirmed as price descends toward major support.

The current MOVE finds price pressing into a region that holds multiple technical significances: the value area low, the yearly low, and the high-timeframe support around $0.26. This confluence makes the level a potential pivot point for the next market move. However, bearish volume inflows at this level suggest sellers remain active, and any reversal attempt must be supported by a shift in both structure and volume.

For a reversal to materialize, Sonic may need to sweep the yearly low and FORM a bottoming structure, such as a double bottom or bullish divergence, before any sustainable rally can begin. Until that happens, the overall structure remains bearish, and price may continue consolidating or seeking lower liquidity zones. Should a base form at current levels and volume begin to rise with demand, a rotation back toward the point of control or even the all-time high could become a viable scenario.

What to expect in the coming price action

Sonic is now testing the value area low, a key support zone that may determine the next phase of price action. A bottoming pattern around this region could spark a reversal toward higher levels, while continued bearish volume could drive price through support and extend the current downtrend.