Sonic price accumulation suggests a rally as derivatives short positions increase
Sonic price is showing signs of accumulation as it consolidates at a key value area. With shorts increasing, the setup suggests a possible rally and short squeeze toward $0.40. Summary $0.30 Support: Strong base forming at value area low with POC confluence. Bullish Structure: Higher-low projection intact; resistance target sits at $0.40. Short Squeeze Risk: Growing short interest…

