$SOPH RED ALERT Breakdown Looms!
$SOPH is sliding hard at $0.04521, down 4.28%, with bears gaining full control. This Layer 1/Layer 2 token is flashing strong bearish signals, as every bounce gets aggressively sold off.
Key Levels to Watch:
Resistance: $0.04550
▪️ Break above could open short-term recovery to $0.04600 and $0.04650
Support: $0.04500
▪️ If this level breaks, expect a sharp drop toward $0.04450 and $0.04400
Trade Setup – High-Risk Zone:
Bearish Breakdown:
Entry: Below $0.04500
TP1: $0.04450
TP2: $0.04400
Bullish Reversal:
Entry: Above $0.04550
TP1: $0.04600
TP2: $0.04650
Volume Surge: 103.6K suggests institutional exit in motion
Order Book: 58.36% sellers vs. 41.64% buyers
7D Performance: -7.49%
$SOPH is on the edge either it rebounds fast, or we’re heading into a full-blown capitulation. Trade carefully this is knife-catching territory or ride-the-dump momentum.