$SONIC USDT is still holding a bullish structure on the 1h chart, but the move has shifted from breakout momentum into consolidation. Price at 0.04726 is trading above MA(7) at 0.04696, MA(25) at 0.04660, and MA(99) at 0.04403, which shows the overall trend is still supported by buyers. The rejection from 0.05047 did not lead to a sharp drop, instead price is building a range, which is usually a healthy sign after a strong move. If SONIC reclaims 0.0477 and then breaks 0.05047, a new bullish leg can open. If it weakens, 0.0466 becomes the first key support, while 0.0440 is the stronger trend-defense zone.

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SONIC
SONICUSDT
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