⚠️ $SOPH /USDT Testing Critical Support! Reversal or More Downside? 🔍
SOPH is under pressure, currently trading at $0.04332, down -1.50%. Price has been in a consistent downtrend and is now hovering just above its 24H low of $0.04241, showing signs of a possible breakdown — or bounce.
📉 Technical Overview: • 24H High: $0.04500
• 24H Low: $0.04241
• MA(7): 0.04380 ❌
• MA(25): 0.04493 ❌
• MA(99): 0.05134 ❌
🔻 Bearish Setup (If Breakdown):
Entry: 0.04300 – 0.04350
TP1: 0.04200
TP2: 0.04100
SL: 0.04500
📈 Bullish Reversal Setup (If Bounce):
Entry: 0.04330 – 0.04350
TP1: 0.04450
TP2: 0.04600
SL: 0.04220
Currently at decision zone. Watch for a confirmed breakout or a strong bullish rejection from support! ⚔️
#SOPH #CryptoSignals #AltcoinWatch #BinanceSquare #TechnicalAnalysis $SOPH