Can It Recover?
Short-Term (Hours–Days):
Possible small bounce due to oversold RSI.
Watch for price action around $0.05715 (MA99). If it crosses above and holds, that's your first bullish signal.
Medium-Term (Days–Weeks):
Recovery depends on:
Volume returning (currently weak).
Price reclaiming MA(25) around $0.06187.
Broader market sentiment (is BTC bullish or bearish?).
✅ Signs to Watch for Recovery
Bullish candle close above MA(7)
RSI climbing back above 30 and trending up
Increase in buy volume (green bars)
Crossing above MA(25) and holding
⚠️ Risk
If support at $0.05561 fails and BTC drops, SOPH could decline further.
