⚠️ $SOPH CONSOLIDATING AFTER SHARP DROP — IS A REVERSAL BREWING?
Potential Bounce Targets: $0.05040 — $0.05200 — $0.05420
$SOPH/USDT took a -3.84% hit today, sliding from $0.05162 down to $0.04774 before slightly recovering to $0.04860. The price is now consolidating just above its lower Bollinger Band ($0.04718), hinting at a potential bounce if buyers step in soon.
📌 Current Price: $0.04860
🔻 Support Zone: $0.04720 – $0.04774 (Recent low)
🔺 Resistance Zone: $0.04938 (Mid Band) – $0.05157 (Upper Band)
🎯 Next Bullish Targets (If Reversal Begins):
1️⃣ TP1: $0.05040
2️⃣ TP2: $0.05200
3️⃣ TP3: $0.05420
Volume stands at 153.94M SOPH, showing that interest remains—now it’s up to the bulls to reclaim momentum. Watch for a breakout above the mid-Bollinger to confirm a short-term trend shift.
