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🚨 $SOPH – Big Dump, Bounce Coming?

Price Right Now: $0.05152 (-18.90%)

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Quick Rundown:

$SOPH just took a massive hit, dropping nearly 19% and bottoming out around $0.0502. But it’s showing signs of life — first green candle just printed, and volume is pumping (close to 500M in the last 24 hours). High volatility = high potential.

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Key Levels to Watch:

• Support: $0.0500

• Resistance: $0.0560

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Scalp Setup I’m Watching:

• Entry Zone: $0.0510 – $0.0520

• Take Profits:

• TP1: $0.0555

• TP2: $0.0580

• TP3: $0.0605

• Stop Loss: $0.0488

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Why This Trade Could Work:

That huge wick + strong volume near the lows shows buyers are stepping in. If bulls hold the line, we could see a quick recovery move to fill the drop.

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Heads Up:

Use a tight stop (maybe half of what you’d normally use). This kind of setup is high-risk, but if it plays out, the reward can be solid. I’m only touching it if the 5-15 min chart shows some solid bullish momentum first.

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🔥 Keeping this one on my radar — could be a clean bounce if things line up.

#SOPH#CryptoScalp #PriceAction #ReboundSetup

#CEXvsDEX101 #TradingTypes101 #MarketPullback #PCEMarketWatch #TrumpTariffs