🚨 SOPH Just Hit a Critical Juncture — Big Move Incoming! 🚨
📉 $SOPH has climbed to $0.07150 (+36.95%) after recently hitting a 24h high of $0.07183. As bullish momentum builds, traders are eyeing the next big move. 🧭
🧱 Resistance in Focus: $0.07180 – $0.08800
This is a heavy resistance zone. The price was sharply rejected here before, and a clean breakout with volume could lead to a retest of the local high at $0.08800.
🛡️ Key Support Zones:
1️⃣ $0.06538 — Recent breakout level
2️⃣ $0.05262 — Local consolidation base
3️⃣ $0.03986 — Mid-range support from sideways zone
4️⃣ 🔻 $0.03000 — Flash-crash wick low (Critical Level to Watch)
⚠️ Breakdown Watch: $0.05262
Dropping below this level could open the door for a move toward $0.03986. A loss of $0.03000 would signify structural breakdown and likely panic selling.
📊 Tech Indicators Say:
RSI(6) = 78.40 — This signals overbought conditions on the 4h timeframe. The rally may pause or retrace unless buyers maintain high volume and pressure. Be cautious of short-term pullbacks.
🔍 What Traders Should Monitor Next:
✔️ Holding above $0.06538 to keep bullish structure intact
✔️ Breakout above $0.08800 for a fresh bullish leg
✔️ Volume confirmation — key to validating any breakout
💬 Are you riding the momentum or waiting for a retest? The next few candles could be pivotal. ⚡
$SOPH
