⚠️ $SOPHUSDT AT CRITICAL SUPPORT – LAST CHANCE FOR A BOUNCE?
$SOPH is now trading at $0.05080, barely clinging to a key support level after a heavy drop from the $0.085–$0.090 zone. Although it's slightly green (+0.63%), momentum has faded significantly on the 1H chart.
📉 The chart shows a double peak formation followed by consistent lower highs—clearly signaling seller dominance. If bulls don't step in here, further downside could accelerate fast.
🔍 Key Levels to Watch: • Support Zone: $0.05000 – Last major defense
• Breakdown Risk: Below $0.04880
• Immediate Resistance: $0.05850
🎯 Possible Upside Targets (If Reversal Begins): • TP1: $0.05850
• TP2: $0.06600
• TP3: $0.07250
🚨 Warning: If $SOPH loses $0.0500, the next support may not appear until the $0.043–$0.045 region. Watch closely—either a bounce or a breakdown is coming soon.
