$SOPH /USDT – High Volume Dump… Rebound Ahead? 🚨
Current Price: $0.05152 (-18.90%)
Market Snapshot:
$SOPH just tanked nearly -19% but has shown its first green candle off the $0.05020 low. With a 24H volume nearing 500M, volatility is at peak – prime for a reactive move.
Key Levels:
Support: $0.0500
Resistance: $0.0560
Trade Setup (Scalp Opportunity):
Entry Zone: $0.0510 – $0.0520
TP1: $0.0555
TP2: $0.0580
TP3: $0.0605
Stop Loss: $0.0488
Why This Setup Matters:
The volume surge + wick recovery near $0.050 signals buyer interest. If bulls step in, a quick move to reclaim lost levels is possible.
Pro Tip:
Use 2x tighter stop than usual – dump-phase scalps are high-risk, high-reward. Only enter with confirmation on the 5-15min chart showing bullish continuation.
🔥 Watch closely — SOPH could deliver a bounce play if momentum builds!
#CEXvsDEX101 #TradingTypes101 #PCEMarketWatch #MarketPullback #ElonMuskDOGEDeparture