Trend overview (at the time of writing):
• Current price: 0.063600 USDT
• 24h volume: ~554 million USDT (15m) → Very high
• OBV (1h): -4.63 billion → Selling pressure dominates
• RSI(1h): 43.57 → Not oversold yet
• MA(7-25, 1D): MA7 < MA25 → Clear downward trend
• MACD (1D): Weak positive → Weak increase, not confirmed reversal
📉 Future trading strategy (Short preferred)
→ Main scenario: Prioritize Short
• Entry: 0.063600
• Stop-loss: 0.064200 (above MA25 daily frame)
• Take-profit: 0.060500 (psychological support level)
• R:R ratio: ~1:2
• Success probability: ~65%
Strategic basis:
• Deep negative OBV → Cash flow clearly withdrawn
• MA7 crosses down MA25 (daily frame) → Confirms the downward trend
• RSI not oversold → There is still room for further decline
• Price has dropped >30% from the most recent peak, however, there are no clear signs of a bottom being formed → Suitable for short-term short orders based on technical retracement
📈 Alternative scenario (Long backup if breakout)
• Condition: Price exceeds 0.064200 with strong volume increase
• Entry: 0.064300
• TP: 0.066000
• SL: 0.063500
• R:R ratio: ~1:1.5
• Probability: ~40%, as the upward trend has not been clearly confirmed
💡 Spot trading suggestion (medium to long term)
⛔ Do not recommend buying Spot at this time.
• Daily RSI >64 → Near overbought region
• Short-term MA remains weak, cash flow has not returned
• Daily frame volume low → Not suitable for accumulation
⚠️ Risk warning:
• Strong BTC volatility can invalidate any technical analysis → Always monitor BTC.
• Unusual volume may be price manipulation by whales – needs to be confirmed by clear price action before entering an order.
• If SOPH drops below 0.060500, it is likely to return to deeper levels around 0.0570–0.0585
# # #SOPHUSDT #PhanTichKyThuat