SOPH is in a strong downtrend after breaking the support level of 0.0591. The price is currently below both MA7 and MA25, indicating continued weakness.

• RSI(6): 26.7 → Oversold but no clear reversal signal yet.

• MACD: Negative, histogram narrowing → weak technical rebound.

• Volume: Slight increase at the bottom, indicating buying reaction but not strong enough to reverse the trend.

🎯 Trading strategy:

• Entry short: 0.0615 – 0.0622

• SL: 0.0635

• TP1: 0.0591

• TP2: 0.0575