$SOPH /USDT FROM HYPE TO DIP: WHALES EXITING FAST
$SOPH witnessed a wild swing from $0.08800 highs to a brutal low of $0.03000. Although it bounced back to $0.053, the price remains under heavy pressure with -8% on the day. Sellers are dominating despite massive volume over 835M #SOPH traded in 24h.
📉 Market Snapshot:
• Current Price: $0.05311
• 24h High / Low: $0.06370 / $0.05020
• 24h Volume (SOPH): 835.88M
• 24h Volume (USDT): $47.32M
• Trend: Bearish & Choppy
The$SOPH structure shows multiple failed bullish attempts. Unless $0.058 breaks with conviction, bears are in control. $0.050 is acting as the key local support.
🎯 Short-Term Trade Setup
• Entry Zone: $0.05250 – $0.05350
• TP1: $0.05550
• TP2: $0.05800
• TP3: $0.06100
• SL: $0.04950
This is a high-risk zone treat it like a scalper’s field. Patience is key until momentum shifts with volume.
