$SONIC stalls at resistance as upside momentum fades 🔻
Price has pressed into a well-defined resistance band, but the structure is deteriorating on each attempt higher. Instead of clean expansion, the tape is showing hesitation: tighter advances, weaker follow-through, and a failure to convert the zone into support. That is usually the first clue that supply is no longer passive. It is absorbing bids.
The market is doing what retail often misreads. A stalled push is not the same as accumulation. In this type of setup, professional flow tends to wait for late buyers to commit, then uses that liquidity to rotate out of inventory. If the breakout crowd cannot force displacement through resistance, the zone becomes a distribution pocket rather than a launch point. The path of least resistance starts to shift lower once momentum loses structural integrity.
Entry: 0.0382–0.0402 🔻
Target: 0.0355 📉
Stop Loss: 0.0425 🛡️
Risk disclosure: This is for informational purposes only and not financial advice. Markets are volatile, and every trade should be sized within your own risk limits.
#Crypto #SONIC #Altcoins #TradeSetup
