๐จ $SOPH โ New on Binance, Big Moves Incoming?
๐ต Price: ~$0.0497 (โ5% 24h)
๐ 7โDay Change: +17.6%
๐ Volume: ~โฏ$50M in 24โฏh
๐ง Why This One Matters;
โ Utility Token on Layerโฏ2: Used for gas, staking, node rewards in the consumer-focused Sophon ecosystem
โ High FDV vs TVL Dump: So far, price jumped early post-listing (~10ร at one point) but then pulled back ~30% after airdrop sell-offs and inflated valuation
๐ Current Tech Setup
๐Breakout Recap: Broke above MA99 and retested at $0.0565 โ trend reversal signal
๐RSI ~54: Neutral zoneโroom for upside before overbought
๐MACD: Mild bullish structure forming
๐ฏ What to Watch
๐Support: ~$0.049โ0.05 โ hold for bounce
๐ Key Resistance: ~$0.0565 (recent breakout level)
๐Next Target: ~$0.07โ0.09 if momentum returns
๐ฃ๏ธ Tell me๐
Are you catching SOPH early or waiting for a retest?