$SOPH Short Setup – Eyeing $0.060
Following a sharp rally from $0.030 to $0.088, SOPH is showing signs of weakness as it retraces to $0.06973 (+132.43%). Momentum is fading, indicating potential for further downside.
Short Entry: $0.06900 – $0.07000
TP1: $0.06350
TP2 (Final Target): $0.06000
Stop-Loss: Above $0.07850
Technical Overview:
SOPH has already dropped more than 20% from its peak. Bearish patterns on lower timeframes, combined with heavy volume and declining buy interest, suggest a likely correction toward the $0.060 breakout zone.
Trade $SOPH now on Binance.
