$SOPH Approaching Critical Pivot – Will Bulls Break Through or Bears Break Down?
SOPH is trading around $0.03079 after a sharp pullback. Momentum is fading, and price is stuck between support and resistance. A decisive move is expected soon.
Key Levels to Watch
Resistance: $0.03100 – A breakout here could lift price toward $0.03120 and $0.03140
Support: $0.03060 – A drop below this may open the door to $0.03030 and $0.03000
Trade Setup – Volatility on Deck
Bullish Entry: A move above $0.03100 could target:
• TP1: $0.03120
• TP2: $0.03140
Bearish Entry: A breakdown below $0.03060 could target:
• TP1: $0.03030
• TP2: $0.03000
Volume is thinning out — expect volatility to spike on any breakout. Watch closely!