$SOPH
SOPH/USDT is currently trading at $0.05209 (+6.52%) after a sharp pullback from the 24h high of $0.05465.
๐ Technical Insights:
๐ Price bounced near the lower Bollinger Band (0.05165), showing possible support.
๐ฃ RSI at 36 suggests SOPH is approaching oversold territory.
๐ StochRSI is very low (~11), indicating a potential reversal zone.
๐ง Short-Term Outlook:
If the price holds above $0.0515, a bounce back toward $0.0535+ is possible.
Watch for confirmation from RSI & volume surge!
๐ Support: $0.0515
๐ Resistance: $0.0538 - $0.0546
๐งต Whatโs your SOPH strategy โ buying the dip or waiting for a breakout?๐
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