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$SOPH Attempts Short-Term Reversal – Can Bulls Build on This Push? Current Price: $0.03156 SOPH has been sliding for days, down over 36% this month. But now, buyers are finally showing some fight. After tagging a 24h low at $0.03127, price bounced with a strong volume candle, suggesting a potential relief move—but resistance lies just ahead. Key Resistance Levels: • $0.03185 • $0.03230 SOPH needs a clear breakout above these levels to confirm any short-term trend reversal. Support Zone: • $0.03130 – $0.03110 This range is critical. If bulls lose it, the downtrend will likely resume with lower lows ahead. Bullish Setup: If price holds above $0.03185 and breaks $0.03230: • Target 1: $0.03270 • Target 2: $0.03350 Bearish Setup: Failure to hold $0.03130 could drive the next wave down: • Target 1: $0.03060 • Target 2: $0.02980 Volume Insight: The volume spike on the bounce is encouraging, but follow-through is still lacking. SOPH needs another strong candle above resistance to confirm the breakout. SOPH is at a decision point. Bulls have a chance to reclaim control, but only if they can break above resistance with momentum. Otherwise, this bounce could fade fast—stay cautious #USCorePCEMay #DYMBinanceHODL #REX-OSPREYSolanaETF
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