$SOPH Preferred: Short bias (continuation of the pullback)
Entry: 0.00630 – 0.00650 (on a weak bounce / rejection near current levels or slight recovery)
Stop Loss: 0.00720 (above recent local high / middle of the recent red candles)
Take Profit 1: 0.00520
Take Profit 2: 0.00470 – 0.00465 (lower Bollinger / 24h low)
Risk-Reward ≈ 1:2 to 1:2.5
Alternative: Long (only on confirmed bounce)
Entry: 0.00580 – 0.00600 (if price holds the lower band and prints a clear green rejection candle with rising volume)
Stop Loss: 0.00520 (below lower Bollinger / 24h low)
Take Profit 1: 0.00750 – 0.00780
Take Profit 2: 0.00860 – 0.00870 (middle Bollinger)
Risk-Reward ≈ 1:2+
Quick Notes
Watch volume: low volume bounce = fade it (short). Strong volume reclaim of 0.0070+ = potential long.
RSI is not yet oversold, so more downside room exists.
Middle BB (0.00868) is the key level that would flip the short-term structure bullish again.
High volatility after the +31% move — use tight risk and smaller size.
Summary: Prefer short on any weak bounce toward 0.0063–0.0065. Only go long if price firmly holds the lower band with confirmation. Manage risk strictly — this is still a post-pump correction phase.
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