$SOPH /USDT

📊 SOPH/USDT Snapshot

Current Price: $0.06362 (+21.78%) 🚀

24h High / Low: $0.06450 / $0.04961

Volume (latest): 8M

MA(5): 46.37M

MA(10): 65.5M

🔻 **Current volume is way below recent average — momentum fading

🔧 Technical Indicators

SAR (0.02, 0.2): $0.05481

→ Price is well above SAR, trend remains strongly bullish

MA(5) < MA(10):

→ Bearish volume divergence (pump may be fading)

🔍 Key Price Levels

Resistance:

$0.0645 – $0.06536 → Local top zone (watch for rejection)

Break above $0.06536 = blue sky breakout

Support:

$0.0615 → Minor local support

$0.0578 → Prior range high / consolidation base

$0.0548 → SAR level = trend invalidation

🧭 Trade Ideas

🔹 Momentum Pullback Long (High-Risk, Fast Reversal)

Entry: $0.0615 – $0.0600 (wait for dip)

Stop Loss: $0.0545 (below SAR)

Target 1: $0.0645

Target 2: $0.067+ if new highs are made

✅ Use only if it bounces on low timeframe support with increasing volume

🔸 Short-Term Fade Setup (If rejection at resistance)

Entry: Near $0.0645 – $0.0653

Stop Loss: $0.067

Target 1: $0.0600

Target 2: $0.0578

Ideal if price stalls at the top with flat or dropping volume

⚖️ Quick Verdict

SOPH/USDT is overextended after a +21% surge, and volume is now falling — this could suggest a near-term top. If bulls defend $0.0600, another leg up is possible. Otherwise, a fade toward $0.057 – $0.054 is likely.

Want me to flag SOPH again if it breaks $0.0655 or drops below $0.060 with volume confirmation?

#MarketPullback #EDGENLiveOnAlpha #SaylorBTCPurchase #Write2Earn! #SOPH