Sonic price weakens as bearish structure holds: Deeper correction ahead?
NegativeCryptocurrency
- Sonic's price continues to face bearish pressure, marked by persistent lower lows and weak bullish volume, raising concerns about a potential deeper correction in the cryptocurrency market.
- This ongoing decline in Sonic's value is significant as it reflects broader market trends, where investor confidence is waning, and the potential for further losses looms, impacting traders and stakeholders involved with Sonic.
- The situation is indicative of a larger bearish sentiment affecting various cryptocurrencies, including Ethereum and Dogecoin, which are also experiencing significant downward pressure and breaking through critical support levels, suggesting a challenging environment for digital assets.
— via World Pulse Now AI Editorial System
