• Sonic (S) forms a falling wedge pattern, often linked to bullish reversals in the crypto market.
• Analysts identify crucial breakout targets for Sonic (S) at $0.300, $0.355, $0.420, $0.480, and a potential peak near $0.620.
• Sonic’s strong community support boosts confidence, with 80% of voters reinforcing bullish momentum.

Sonic (S) exhibits high resilience, indicating a probable upsurge as rising investor demand builds up momentum within the crypto market. The token is currently moving inside a descending triangle pattern, which often leads to a bullish reversal.

At the time of writing, Sonic is trading at $0.2798 with a market capitalization of $805.91 million. Its price over the last 24 hours is showing stability but surged 17.65% over the last week. Its trading volume also declined 25.3% to $79.49 million, reflecting cautious momentum ahead.

Source: CoinMarketCap

Sonic Investors Shows Strong Bullish Outlook

According to the data from CoinMarketCap, the overall attitude is towards the likelihood that a vast percentage of users remain hopeful and optimistic. About 82% of the voters overwhelmingly feel that the trend remains bullish and have a strong belief in upward momentum. This self-evidently tips towards the fact that everyone expects prices, momentum, or overall performance to increase in the near-term future.

Source: CoinMarketCap

On the other hand, only 18% of the voters assumed a bearish stance, which reflects a skeptical or guarded approach towards life. This minority opinion anticipates a future drop, deterioration, or correction in the stock prices. The overall votes thus presented total 70.3K votes, and so there is a tremendous bias towards a bullish approach and favorable perspectives.

Also Read: Sonic Price Targets $0.7200 Amid Bullish Wedge Breakout Signals

Sonic Targets $0.300 to $0.620 After Wedge Test

The crypto analyst, Jonathan Carter, highlighted that Sonic is closing in on the top edge of a descending wedge formation on the daily chart, a configuration that tends to be associated with bull reversals.

Market speculators have this level on high alert as momentum gains traction, with hopes for a breakout that would change short-term sentiment. A breakout above resistance would confirm the possible beginning of a new rally.

Source: X

In the event of a breakout, analysts point out price targets of $0.300, $0.355, $0.420, $0.480, and finally $0.620. These represent points associated with earlier areas of buying and selling activity and psychological levels, and they represent potential checkpoints for speculators. For the time being, Sonic is at a crossroads, with investors speculating on what will be its next big move.

Sonic price Performance Turns Positive in Q4 2025

Moreover, the data from CryptoRank revealed that during the third quarter of 2025, the performance took an evident downtrend throughout the quarter as a whole. The first fall came in July with a decline of 1.35%, and a minimal rebound in August at 1.01%. But September took the quarter sharply down with a massive 18.7% decline.

Source: CryptoRank

In entering the fourth quarter, October came up with a favorable reversal month. The month posts a 10.9% gain as it reverses the declines that emanated in Q3. This is an indication of the beginning of a healing process following three tough months.

Also Read: Sonic Labs Enters U.S. Markets with $150 Million Token Plan and ETF Launch