The Sophon (#SOPH ) token has recently experienced significant volatility, with its price declining from a peak of $0.088 to approximately $0.05674, marking a drop of over 35%
🧠 Strategic Trading Approaches
1. Short-Term Bearish Strategy
Entry Point: Consider short positions between $0.0585 and $0.0590.
Targets: Aim for $0.05741 and $0.045.
Stop Loss: Set at $0.06010 to mitigate potential losses.
Risk Management: Limit exposure to 1–2% of your trading capital per position.