ā ļø $SOPH /USDT Testing Critical Support! Reversal or More Downside? š
SOPH is under pressure, currently trading at $0.04332, down -1.50%. Price has been in a consistent downtrend and is now hovering just above its 24H low of $0.04241, showing signs of a possible breakdown ā or bounce.
š Technical Overview: ā¢ 24H High: $0.04500
ā¢ 24H Low: $0.04241
ā¢ MA(7): 0.04380 ā
ā¢ MA(25): 0.04493 ā
ā¢ MA(99): 0.05134 ā
š» Bearish Setup (If Breakdown):
Entry: 0.04300 ā 0.04350
TP1: 0.04200
TP2: 0.04100
SL: 0.04500
š Bullish Reversal Setup (If Bounce):
Entry: 0.04330 ā 0.04350
TP1: 0.04450
TP2: 0.04600
SL: 0.04220
Currently at decision zone. Watch for a confirmed breakout or a strong bullish rejection from support! āļø
#SOPH #CryptoSignals #AltcoinWatch #BinanceSquare #TechnicalAnalysis $SOPH
