Sonic token price forms a double bottom but faces resistance at the 50-day MA
Sonic token price forms a confirmed double bottom around $0.16 but faces resistance at the 50-day moving average, keeping the market cautiously neutral until a breakout occurs. Summary Double bottom confirmed at $0.16 with bullish engulfing candles. 50DMA and POC act as key resistance levels. Breakout above resistance could target $0.26; failure risks retest of…


