$SOPH reclaims $0.003 this week or I am wrong. 📌
Right now it’s $0.002490, down 17.55% in 24h on $2.44M volume.
Ugly chart.
But 4h RSI is 20, volume is 3.8x the 20d average, and funding is -0.027% with shorts paying. That’s forced selling territory, not a clean breakdown yet. $SOL weakness isn’t helping, but SOPH is already 46% off its 30d high.
At $0.003, I’m watching for rejection, not chasing. If it reclaims and holds, the squeeze thesis is alive. 🔥
Does SOPH reclaim $0.003, or am I early?
#SOPH #Binance
Right now it’s $0.002490, down 17.55% in 24h on $2.44M volume.
Ugly chart.
But 4h RSI is 20, volume is 3.8x the 20d average, and funding is -0.027% with shorts paying. That’s forced selling territory, not a clean breakdown yet. $SOL weakness isn’t helping, but SOPH is already 46% off its 30d high.
At $0.003, I’m watching for rejection, not chasing. If it reclaims and holds, the squeeze thesis is alive. 🔥
Does SOPH reclaim $0.003, or am I early?
#SOPH #Binance