$SOPH /USDT is currently trading at $0.05379, down 14.66% in the last 24 hours, showing a clear correction from its recent high of $0.06518. With strong trading volume—over 547 million $SOPH and $33 million USDT—this dip presents a potential buying opportunity for traders looking to enter at a lower price. The 24-hour low of $0.05303 suggests solid support around the current level, while the order book depth indicates some immediate resistance near $0.058. Watching key indicators like the MACD and moving averages can help confirm a reversal. Traders should consider buying near support and targeting the previous highs for a profitable swing, while keeping a tight stop loss just below the 24-hour low to manage risk effectively.

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