Thought for 5 seconds

Based on what we’re seeing on the 15-minute candles for SOPH/USDT:

Trend: Price has been in a clear down-trend over the past several hours, making lower highs and lower lows.

Moving Averages: The 7-period MA (yellow, ~0.0568 is below the 25-period MA (pink, ~0.0589, which in turn is below the 99-period MA purple, ~0.0625. That alignment short MA under mid MA under long MA is the textbook definition of bearish momentum.

Volume: After the large sell-off, volume has tailed off, suggesting there isn’t yet strong buying interest to drive a sustained reversal.

Recent Price Action: You did see a small green candle off the 0.0558 low, but it’s rotating right at the 7-period MA. Until it can break and hold above that and ideally vault the 25-period MA around 0.0589 on good volume, it’s liable to grind sideways or roll back down.

Outlook for the next 12 hours

Unless we get a fresh catalyst e.g. a big volume spike pushing price above ~0.0570 and then ~0.0589, the path of least resistance remains to the downside or sideways chopping around 0.056–0.057. In other words, not a bullish setup yet—keep an eye on those moving-average levels and volume for any genuine turnaround signal.