Sonic (S) Price Bearish Structure Continues SUSDT SPOTBYBIT:SUSDTThe_Alchemist_Trader_Sonic (S) price action continues to display a strongly bearish market structure, with sellers maintaining firm control across both the higher and lower timeframes. Recent price action has established a new yearly low, breaking beneath the previous swing low and confirming the continuation of the prevailing downtrend. This breakdown is significant because it reinforces the ongoing pattern of lower highs and lower lows, which remains the defining characteristic of the current market structure. With price continuing to trade below major support levels that have now flipped into resistance, there is little technical evidence to suggest that a sustainable bottom has formed at current levels. Adding to the bearish outlook is the lack of meaningful support beneath the current trading range. As a result, the path of least resistance continues to favor the downside, with the probability of further weakness remaining elevated. From a technical perspective, the next major area of interest is the 0.618 trend-based Fibonacci extension, which now serves as a potential downside target should selling pressure continue. A move toward this level would be consistent with the current bearish trend and would maintain the broader market structure that has been in place for an extended period. Until buyers can reclaim key resistance levels and invalidate the sequence of lower highs and lower lows, SonicS remains firmly bearish. For now, continued downside rotation appears to be the higher-probability scenario, with further price deterioration likely if current weakness persists.