$SOPH just doubled in a day on volume far above its market cap. Real breakout or classic pump? 🚨
Sophon jumped about 100% to roughly $0.0078, after sliding about 29% over the previous month. It's still more than 90% below its all-time high, so this is a bounce from deep in the hole, not a new high. 👀
Levels I'm watching:
🟣 $0.0088: 7-day high, where the spike got rejected
🔴 $0.0078: pump close, hold it or momentum fades
🟢 $0.0044: pre-pump level, big support if it fades
⚠️ Lose $0.0037 and the whole move is erased
Micro-cap with thin books. A move like this can reverse in hours.
My plan: no chasing a vertical candle. Small size, tight stop, and I only get interested on a pullback that holds $0.0044 or a daily close above $0.0088 with volume.
Pump-and-fade or the start of a new run? 👇
#SOPH #Sophon #crypto #cryptotrading #altcoins
@Zetoshi X @Ismeidy @Wise Analyze