Sonic Token Stuck in Range as Accumulation Phase Forms SUSDT SPOTBYBIT:SUSDTThe_Alchemist_Trader_Sonic Token is showing signs of a classic range-bound market structure, with price rotating between the value area high and the value area low. The most recent rejection from range highs has shifted price action back toward the lower boundary of the range. This setup suggests a potential equilibrium phase that could last for days or even weeks before any breakout occurs. Key Technical Points: - Range Bound: Trading between value area high and value area low on the daily timeframe - Rejection Point: Clean rejection from value area high triggered current rotation downward - Breakout Confirmation: Requires strong bullish volume to confirm legitimacy Sonic Token has clearly established a well-defined trading range on the daily timeframe, with price action bouncing between the value area high and low. After a recent rejection at the top of this range, S-SONIC is now rotating downward, currently testing the lower end of the range. This behavior is consistent with a market in equilibrium, where no side has definitive control. The daily timeframe provides context for this extended sideways movement, and it appears likely that the asset could remain within this consolidation zone for several more sessions. Unless strong volume emerges, the probability favors continued ranging. This current phase may evolve into a longer-term accumulation period. These phases are common during consolidation before major directional shifts. If price remains bound within this range and tests both boundaries multiple times, it often signals that larger players are accumulating positions, awaiting a breakout trigger. However, volume remains the key metric to watch. Any breakout attempt — whether to the upside or downside — must be accompanied by strong, above-average bullish volume to confirm its legitimacy. Without this, even a break above the value area high may lead to a fakeout and a return back into the range. Until proven otherwise, Sonic Token is not trending but rotating within the value zone. For traders and investors, this phase represents potential accumulation opportunities at range lows and profit-taking opportunities at range highs. But aggressive breakout positioning should be avoided until volume validates the move. If price eventually breaks out of this range with increasing bullish influxes, it could shift the entire structure toward a new trading regime. But until then, the bias remains neutral to range-bound. What to Expect in the Coming Price Action Sonic Token is likely to continue ranging until a breakout is confirmed with high volume. Watch the value area high and low for reactions and confirmation signals before positioning for continuation.