🟣 $SOPH /USDT – Consolidation After Pullback, Eyeing Support Rebound?

🔹 Momentum Analysis

$SOPH has slipped -2.42% in the last 24h, retracing from its recent high of $0.03915 to a low of $0.03596. While short-term pressure is evident, the token is hovering near a key support zone, indicating possible accumulation before the next leg up.

📈 Long Setup

Entry Zone: $0.03620 – $0.03700

Targets:

T1: $0.03860

T2: $0.04080

T3: $0.04350

Stop Loss: $0.03490

✅ Breakout Confirmation Level: $0.03920

🛡 Key Support: $0.03580

💡 Pro Tip for Traders:

SOPH is showing signs of sideways consolidation on the 4h chart. Watch for volume spike and price reclaiming $0.039+ to confirm momentum shift. Ideal for scalpers looking to capitalize on a rebound from the lower range.

📊 Trading Data Snapshot

Price: $0.03743

24h Change: -2.42%

24h High / Low: $0.03915 / $0.03596

24h Volume:

SOPH: 76.19M

USDT: 2.85M

Order Book Depth (Selected):

Sell Walls: $0.03827 / $0.03779

Buy Walls: $0.03682 / $0.03633

Latest Depth Match: $0.03585 (2025-06-21 14:00)

📅 Last Updated: 2025-06-21 14:00 UTC

#SOPH #CryptoTrading #Altcoins #Layer2 #Binance