Sonic price has surged nearly 10% this week, breaking past resistance that held firm since December. This surge raises the question: is it time to invest $2,000 in Sonic right now? Let’s explore technical chart analysis and uncover if a break-out could be imminent. Analysis suggests Sonic may finally be breaking free from its downtrend after months of decline. 2024 saw a significant dip from Sonic’s December peak, reaching lows near $0.38 before bouncing back. Since then, Sonic has seen consistent price action, with the latest rally testing a major resistance level that has held strong since December. Sonic’s current price sits just below this trendline, creating a critical moment for its long-term trajectory. Is it worth investing $2,000? The technical signals are mixed. While the downtrend remains technically intact, recent market shifts offer hope. A confirmed breakout above this descending trendline, coupled with increased trading volume, could signal a significant upward movement toward targets of $0.65 or even $0.90. However, without such confirmation, Sonic risks another rejection, potentially dropping back to the support level of around $0.40 or even lower. Trading decisions should be guided by careful analysis and consideration. What are your thoughts? Join our community for a deeper discussion on Sonic’s technical outlook. We explore potential breakout scenarios and identify the key areas for future price action on our blog and social media platforms.