SONIC Impulse Structure Emerging Wave 2 in Progress
#SONIC has confirmed the end of its prior bearish cycle after completing a complex corrective structure, culminating in a breakout from a #bullish falling wedge formation. The movement marks the initiation of a fresh impulsive sequence, with Wave 1 delivering a solid leg to the upside.
We can deduct from the current price action the start of a Wave 2 correction, unfolding towards the highlighted Buy Back Zone, which coincides with a key structural support range. This zone presents a potential low-risk re-entry opportunity ahead of Wave 3 development.
Buy and Trade $S here
