$SOPH /USDT After the Blast, Will It Hold or Fall Further?
$SOPH made headlines with a sudden explosive pump from $0.030 to $0.088 on May 28 but the aftermath shows a consistent downtrend, now retracing to $0.05376. Volume remains significant, but momentum appears to be fading fast.
📊 Market Snapshot
• Current Price: $0.05376
• 24H Change: -15.47%
• 24H High / Low: $0.06518 / $0.05303
• Volume: 522.26M SOPH / 31.52M USDT
📉 Support & Resistance
• Support Zone: $0.05200 – $0.05300
• Resistance Levels: $0.05630, then $0.06500
🎯 Trade Setup
• Entry Zone: $0.0530 – $0.0540
• TP1: $0.0565
• TP2: $0.0605
• TP3: $0.0650
• SL: $0.0510
📈 On the 4H chart, the$SOPH massive wick to $0.088 suggests whale activity or manipulation, followed by aggressive profit-taking. Price is hovering just above key local support; if this level breaks, a deeper correction could follow.
Drop a "📉" if you're waiting for a retest bounce or a "🛑" if you're staying out!
