🕯️ Price Action$SOPH
The price has dropped from the peak of $0.03807 → currently consolidating after a correction
The candlestick pattern is starting to show doji candles and small bodies → a sign of potential reversal if volume supports
🔊 Volume$SOPH
Volume is decreasing → selling activity is starting to weaken
If a large green candle appears accompanied by high volume → it could be a valid entry signal
✅ Setup & Scalping Strategy:
🔽 Potential Reversal Entry:
Buy zone: $0.03530–$0.03550 (test MA(99) + horizontal support area)
Confirmation entry: if the candle breaks above MA(7) ($0.03570)
Target 1: $0.03640 (MA(25))
Target 2: $0.03780–$0.03800 (previous peak resistance)
Stop-loss: $0.03480 (below daily low)
🧩 Conclusion:
SOPH/USDT is in a lower consolidation phase, just above strong support.
It is very interesting for entry if a bullish candle confirmation + volume appears.
Beware of a breakdown if the price breaks $0.03460.