⚠️ $SOPH /USDT Sliding Lower — Support Test at $0.0424 🔻
SOPH is under pressure, currently trading at $0.04312, down -1.93%, and approaching its 24H low of $0.04241. The price remains trapped below all major MAs, showing persistent bearish control.
📊 Key Levels:
• 24H High: $0.04500
• 24H Low: $0.04241
• MA(7): 0.04378 ❌
• MA(25): 0.04493 ❌
• MA(99): 0.05133 ❌
📉 Trade Outlook:
Bearish Bias Below: 0.04450
TP1: 0.04200
TP2: 0.04100
SL: 0.04520
Alternatively, watch for bounce signals near support for potential scalps toward MA(25).
Momentum remains weak — bulls need a strong reclaim of the 25MA to regain control. 🧊
#SOPH #SOPHUSDT #CryptoBearish #BinanceSquare #AltcoinWatch $SOPH