📉 $SOPH /USDT Technical Analysis & Trade Signal – 17 June 2025

💸 Current Price: $0.04137

📉 24h Range: $0.04017 – $0.04500

📊 Volume: 162.73M SOPH – High activity despite -5.66% drop

📐 Pattern: Falling wedge spotted on the 1H chart — typically a bullish reversal pattern after a short-term downtrend.

🔍 Indicators:

MA/EMA: Approaching potential crossover

Bollinger Bands: Widened – hinting at volatility

SAR: Dots shifting closer – watch for reversal

🚀 Trade Setup (Reversal Play):

Entry Zone: $0.0412–$0.0415 (on bullish candle confirmation)

🎯 Targets:

$0.04350

$0.04500

$0.04780

🔻 Stop Loss: $0.03990

📈 Momentum: Reversal building – watch for breakout above $0.0425 with volume spike. Oversold zone + wedge breakout may fuel bounce.

🔔 High risk/reward setup — ideal for quick scalps or short swing!

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