Binance Square

SOPHSHORT

2,857 views
6 Discussing
Wealth Architect
--
Short** **#SOPH/USDT** **Entry:** 0.06400 - 0.06538 **Targets:** 🎯 0.06200 (immediate downside) 🎯 0.06000 (psychological support) 🎯 0.05500 (swing low) 🎯 0.05262 (depth-based support) **🛑 Stop:** 0.06650 **Leverage:** 10x (isolated) #sophon #SOPHlaunch #SOPHSHORT #SOPHSHORT #SOPHAirdrop $SOPH
Short**

**#SOPH/USDT**
**Entry:** 0.06400 - 0.06538
**Targets:**
🎯 0.06200 (immediate downside)
🎯 0.06000 (psychological support)
🎯 0.05500 (swing low)
🎯 0.05262 (depth-based support)
**🛑 Stop:** 0.06650
**Leverage:** 10x (isolated)
#sophon #SOPHlaunch #SOPHSHORT #SOPHSHORT #SOPHAirdrop $SOPH
--
Bearish
As of the latest data, the SOPH/USDT pair is exhibiting a neutral signal on the 1-hour timeframe, according to TradingView's technical analysis. This suggests a balanced market sentiment, with neither strong bullish nor bearish momentum prevailing at the moment. 📈 Price Overview Current Price: Approximately $0.0566 24-Hour Change: Down **11.43%** 24-Hour High: **$0.0683** 24-Hour Low: **$0.0533** 🔍 Technical Indicators Relative Strength Index (RSI): Recently measured at 68, indicating that SOPH is approaching overbought territory. Market Activity: The token experienced a significant surge of over 124% following its listing on Binance and MEXC, driven by heightened trading volumes and promotional events. ⚠️ Considerations Volatility: Given SOPH's recent listing and rapid price movements, the market is highly volatile. Liquidity Support: DWF Labs has received 20 million SOPH tokens for market-making purposes, which may enhance liquidity and reduce spreads. 📌 Conclusion The SOPH/USDT pair is currently in a consolidation phase on the 1-hour chart, with technical indicators suggesting a neutral stance. Traders should exercise caution due to the token's recent volatility and monitor for any breakout or breakdown from the current price range. $SOPH #SOPHCOIN #BinanceHODLerSOPH #SOPHSHORT
As of the latest data, the SOPH/USDT pair is exhibiting a neutral signal on the 1-hour timeframe, according to TradingView's technical analysis. This suggests a balanced market sentiment, with neither strong bullish nor bearish momentum prevailing at the moment.

📈 Price Overview

Current Price: Approximately $0.0566

24-Hour Change: Down **11.43%**

24-Hour High: **$0.0683**

24-Hour Low: **$0.0533**

🔍 Technical Indicators

Relative Strength Index (RSI): Recently measured at 68, indicating that SOPH is approaching overbought territory.

Market Activity: The token experienced a significant surge of over 124% following its listing on Binance and MEXC, driven by heightened trading volumes and promotional events.

⚠️ Considerations

Volatility: Given SOPH's recent listing and rapid price movements, the market is highly volatile.

Liquidity Support: DWF Labs has received 20 million SOPH tokens for market-making purposes, which may enhance liquidity and reduce spreads.

📌 Conclusion

The SOPH/USDT pair is currently in a consolidation phase on the 1-hour chart, with technical indicators suggesting a neutral stance. Traders should exercise caution due to the token's recent volatility and monitor for any breakout or breakdown from the current price range.
$SOPH
#SOPHCOIN #BinanceHODLerSOPH #SOPHSHORT
LONG** `#SOPH/USDT` **Entry Zone**: $0.0700 - $0.0710 **Targets**: 🎯 $0.074768 (immediate resistance) 🎯 $0.080983 (mid-term resistance) 🎯 $0.087198 (swing high) 🎯 $0.092000 (24h high) **Stop Loss**: $0.0675 *(Below the $0.068553 support to avoid false breakdowns)* **Leverage**: 10x (isolated) #SOPH #SOPHSHORT #SOPHTheFuture #SOPHSHORT #SOPHTheFuture $SOPH
LONG**
`#SOPH/USDT`

**Entry Zone**:
$0.0700 - $0.0710

**Targets**:
🎯 $0.074768 (immediate resistance)
🎯 $0.080983 (mid-term resistance)
🎯 $0.087198 (swing high)
🎯 $0.092000 (24h high)

**Stop Loss**: $0.0675
*(Below the $0.068553 support to avoid false breakdowns)*

**Leverage**: 10x (isolated) #SOPH #SOPHSHORT #SOPHTheFuture #SOPHSHORT #SOPHTheFuture $SOPH
See original
Enjoy the Moment and Don't linger in the Future #SOPHSHORT
Enjoy the Moment and Don't linger in the Future

#SOPHSHORT
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number