📈 Analysis and forecast for $SOPH on Binance: what's next? 📉
As of 14:55 EEST, July 9, 2025, the price of $SOPH on Binance is $0.035, showing a significant increase of 14.57% over the last 24 hours. This rise reflects the growing interest in Sophon, a Layer-2 blockchain project based on zkSync, aimed at consumer applications such as gaming and DeFi. The increase in trading volume highlights community activity.
Technically, $SOPH is in a strong upward trend. On the 4-hour chart, the 50-day SMA has crossed the 200-day from below, signaling bullish momentum. The RSI (14) at around 68 is close to the overbought zone, indicating growth potential but requires caution. Key resistance is at $0.037, a breakout of which could open the way to $0.040. Support is observed at $0.033, below which is $0.030. Holding above $0.035 supports the current momentum.
Forecast: in the coming days, SOPH may test the resistance at $0.037, with a chance to rise to $0.040 by mid-July 2025 if interest remains. By the end of 2025, growth to $0.05–$0.07 is possible if ecosystem development and TVL growth continue. The long-term outlook for 2030 is $0.20+, provided there is mass adoption and new partnerships. Risks include corrections due to volatility and dependence on hype after listing. However, support from Binance Labs and OKX Ventures gives the project potential.
Outlook? A rise of 14.57% and a price of $0.035 are close to the resistance of $0.037. Buying at $0.033 with a target of $0.040 and a stop-loss at $0.030 may be justified. SOPH stands out due to its role in consumer blockchain and support from Binance, attracting investors. Community activity enhances speculative potential.
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