Sonic Stuck in a Range: Will Volume Break the Stalemate?

Sonic’s price has been confined to a tight range for 48 days, lacking momentum and struggling to break free. This stagnation is fueled by high resistance levels and declining trading volume. The market remains trapped in a rotational environment, poised for either a breakthrough or a decisive breakdown. A breakout will signal the next major trend direction, but until then, traders must navigate this volatile range-bound action.