🔍 Technical Overview:
0-1$SOPH is showing bearish pressure, trading below a key supply zone around $0.0323–$0.0327, and forming lower highs on the 1‑hour timeframe. Momentum remains weak, indicating sellers are still in control unless a breakout above $0.0414 occurs .
📊 Key Levels:
🔻 Support Levels:
🔺 Resistance Levels:
🎯 Targets (TP):
📉 Indicators Summary:
775-6⚠️ Moving averages predominantly bearish, with MA ratings showing strong sell signals
🔻 Cooldown in volume during bounce, indicating weak buying interest
📉 Pattern suggests continuation of downtrend until $0.0414 is reclaimed
🛡️ Risk Management:
Risk 1–2% of capital per trade.
Aim for a minimum 1:2 risk-to-reward ratio.
Move SL to breakeven after TP1 is hit, trail for further TPs.
🔥 Conclusion:
$SOPH/USDT remains under bearish control until it breaks above $0.0327–$0.0340. Use a tactical short entry at resistance for potential slide toward $0.029–$0.0275. Stay disciplined! 💼📉⚠️
#SpotVSFuturesStrategy #BTCWhaleMovement #NFPWatch #TrumpVsMusk #Write2Earn! $SOPH