#TradingTypes101

Sentiment around $SOL is cautiously optimistic today, with the price hovering near $169 and testing support on the 24H chart. Since the start of the week, it’s been flirting with key support levels, keeping traders on edge.

Short-term targets range between $172 and $177, though a clean breakout above resistance may take time. While $SOL remains a watchlist favorite for a potential breakout, market participants are still treading carefully. If support holds, we could see a stronger move soon—fingers crossed.

$SOPH is the native token of the Sophon ecosystem, enabling transaction payments, governance, and potential staking for validators using ZK rollup mechanisms. It supports network security, protocol upgrades, and rewards through ecosystem grants and user engagement. 

With partnerships spanning gaming, streaming, and the metaverse, it aims to be a unified digital asset across entertainment platforms. To mark its momentum, BingX is hosting a drop of up to $500 for 150 winners in rewards.