The #SOPH token surged over 38% in the past 24 hours, jumping from $0.047 to $0.0748. Now the price is consolidating around the $0.070 level — right near a key resistance zone. Traders are now asking: will the rally continue or was it just a temporary spike?
Key Levels:
Resistance: $0.075 and $0.092
Support: $0.060 and $0.051
A breakout above the $0.075 zone could open the door to $0.09+, but without strong volume it may turn out to be a fake move. Volume and price reaction at resistance will determine the short-term trend.
Possible Scenario:
A move up to $0.075–0.078 is likely in the coming hours or days.
After that, profit-taking may trigger a sharp pullback.
If buyers lose control, the price could quickly return to $0.060 or even $0.051.
If you're already in position, partial profit-taking may be a smart move. If you're not in the market yet, it’s better to wait for either a confirmed breakout or a pullback to support.
