SOPH trading signal in the sideways zone on June 9, 2025
Current price: approximately 0.0512 USDT (at the time of writing)
🚀 Long strategy (preferred if a correction occurs)
• Buy zone (Entry): 0.0498 – 0.0510
• Stop Loss: 0.0490
• Take Profit: 0.0540
• Probability of success: ~65%
📌 Reason: This is a strong support area on H1 & H4. The price has shown signs of accumulation, if this area is retested, the likelihood of a rebound is high.
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📉 Short strategy (medium risk)
• Entry: 0.0542
• Stop Loss: 0.0550
• Take Profit: 0.0507
• Probability of success: ~40%
⚠️ This is a strong resistance area, but SOPH may experience FOMO following the AI trend, so only Short when there are clear bearish divergence signals or reversal candles at 0.054x.
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⚠️ Special warning:
• SOPH is a low-cap coin, prone to unexpected “pump and dump.” High leverage should not be used.
• If BTC experiences significant volatility, all technical signals on SOPH will become ineffective, particularly prone to SL being triggered even if in the correct area.
