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Is Sonic (S) Headed for More Losses After an 11% Drop?

  • Sonic (S) has experienced an 11.14% decline, with price falling to $0.4985.
  • The market cap has dropped to $1.43 billion and the trading volume to $140.8 million.
  • Sonic (S) is currently testing support at $0.45 and may face further losses.
  • Key indicators such as RSI and CMF suggest weak momentum and a bearish trend.

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