$SOPH finds itself at a make-or-break moment – is this a true recovery or just another dead cat bounce? Currently trading at $0.03931 (+0.79%), the token is inching toward the psychological battleground at $0.04000, where the next move will be decided. A recent volume spike hints at fresh interest – maybe even institutional eyes – but the overall chart still leans bearish. The key resistance zones stand stacked: $0.04000 as the first wall, $0.04100 as the breakout zone, and $0.04250 marking the ultimate short-term barrier. On the flip side, supports are lining up at $0.03923, $0.03820, and $0.03700, ready to catch any slip.
For bulls, the play is clear – a break and hold above $0.04000 with convincing volume could ignite a push toward $0.04100, $0.04200, and even $0.04300. Bears, however, are eyeing a break below $0.03820, which could drag SOPH down to $0.03700, $0.03600, and $0.03500. With the trend hanging by a thread, risk management is king – traders are advised to size positions cautiously (1–2% of portfolio) and wait for clean breakout or rejection signals. SOPH’s bounce feels fragile, but if the right volume comes in, it might just turn from a weak recovery into a genuine reversal story.
$SOPH #SOPH #MarketPullback