Sonic Dex volume rises by 17% – but these signals probably trend use

• Whale Netflows increased 1,170% in seven days, which signaled aggressive accumulation close to $ 0.316 support.
• The Dex volume rose 16.97% every week, while 96% of the holders remained underwater, which indicates limited sales pressure.

Sonic (s) Has hovering close to the support level of $ 0.316 for several days and formed a potential double base setting, while networks TVL was consolidated over $ 2 billion.

That level has held steadily since the end of April, despite broader market improvements. The current chart structure reflected a consolidation phase, not capitulation.

A break over downward resistance can confirm the turnaround and attract side -lined capital. If Momentum is strengthened, the next upward test would be at $ 0.409.

Momentum for bulls?

Over the past seven days, the Dex volume jumped for S by 16.97%and reached over $ 539.95 million. This increase in decentralized trading activity highlights growing user engagement, even when Dex/CEX dominance was only 0.32%.

The Low Dex share suggests that most volume still flows through centralized platforms. However, rising dex figures can signal users who seek more control among uncertain market conditions.

If this trend continues, it can mark a behavioral change that supports long -term growth.

Smart accumulation starts

Spot market data showed $ 4.13 million in inflows against $ 3.55 million in outflows on June 17.

While Netflows remained neutral, the latest sessions showed a dip, with outflows that dominated under less rally.

This behavior signaled the investor’s caution, but it also reflected confidence in S’s structural support. The absence of large sales close to $ 0.316 floor reinforced its validity as a key level.

Therefore, the muted spot outflows proposed positioning before a potential upward crime.

Has whales have finally returned?

Large owners increased their exposure significantly, with a 1,170% Netflow Spike in the last seven days. This sudden increase indicates aggressive whale comparison, probably pending a turn from current lowness.

Historically, such movements precede sharp rally – especially when technical settings comply with basic factors.

With Sonic who still acts under key resistance and whales entering aggressively, this accumulation phase can highlight the early stages of a trend use.

Suppressed feeling puts the scene

Metricians on the chain showed that 96.61% of the Sonic holders were out of the money at press time, with only 3.27% contained a profitable position. This overwhelming imbalance meant pessimism throughout the market.

However, it also creates a favorable installation-it is limited in the short term profit pressure and high upward potential if resistance levels are broken.

Suppressed feeling often breeds unexpected volatility, especially when catalysts such as valence and rising Dex volume enter the equation.

Can Sonic see a breakout rally?

Sonic showed several signals about a potential haussey turn at the time of writing, with strong valanche, rising Dex activity and a solid $ 2B TVL base.

Price measures have respected $ 0.316 level and form a double bottom structure. With 96% of the holders still underwater, the breakout potential remains high if the resistance is broken.

The convergence of technical and basic strength can trigger a shift in the marketing entry and ignite a long -term upward rally.