$SOPH Breakdown Pause or Bounce Zone?
$SOPH is trading at $0.03614, down -4.57%, struggling to hold key intraday support after a steady bleed. Volume remains low, and price is pressing against the $0.03600 level—an area to watch closely.
Key Levels to Watch:
Resistance: $0.03680 – Breakout could push price toward $0.03730 and $0.03800
Support: $0.03585 – Breakdown may trigger a fall to $0.03500 and $0.03420
Trade Setup – High-Risk, High-Reward Zone
Bullish Entry: Reclaim above $0.03680
• Target 1: $0.03730
• Target 2: $0.03800
Bearish Entry: Drop below $0.03585
• Target 1: $0.03500
• Target 2: $0.03420
Ask side dominates with ~58% pressure. Buyers appear hesitant. Patience is key.