🚨 SOPH Just Reached a Critical Point — A Major Movement is Coming Soon! 🚨
📉 $SOPH has risen to $0.07150 (+36.95%) after recently hitting a 24-hour high of $0.07183. As bullish momentum increases, traders are watching for the next major movement. 🧭
🧱 Resistance to Watch: $0.07180 – $0.08800
This is a heavy resistance zone. The price was sharply rejected here before, and a clean breakout with volume could lead to a retest of the local high at $0.08800.
🛡️ Key Support Zones:
1️⃣ $0.06538 — Most recent breakout level
2️⃣ $0.05262 — Local consolidation base
3️⃣ $0.03986 — Mid-range support from the sideways zone
4️⃣ 🔻 $0.03000 — Flash-crash wick high (Critical Level to Watch)
⚠️ Breakdown Monitoring: $0.05262
Dropping below this level could open the way for a movement towards $0.03986. Losing $0.03000 would indicate a structural breakdown and potential panic selling.
📊 Technical Indicators Say:
RSI(6) = 78.40 — This indicates overbought conditions on the 4-hour timeframe. The rally may stall or pull back unless buyers maintain high volume and pressure. Watch out for short-term pullbacks.
🔍 What Traders Should Watch Next:
✔️ Staying above $0.06538 to keep the bullish structure intact
✔️ Breakout above $0.08800 for fresh bullish legs
✔️ Volume confirmation — key to validating any breakout
💬 Are you following the momentum or waiting for a retest? The next few candles could be very decisive. ⚡
$SOPH
#SOPH #TradingSignals #CEXvsDEX101 #MarketRebound #MeToMe
