🛠️ $SOPH hands back its entire spike — the base is back in play
Sophon gave up the whole breakout in a single session, which is exactly what a vertical candle into heavy resistance tends to do. Price is back inside the base it broke out of. The story itself hasn't changed: a consumer ZKsync chain winding down with a November 25 user deadline and a pivot to apps funded by product revenue, with soph buybacks and burns paid from that revenue. That's why dips into this base keep finding buyers. Treat it as a tactical trade: buy the base, take profit into the next push, and don't hold through the chain shutdown.
LONG $SOPH
Entry: 0.00125
SL: 0.00110
TP1: 0.00160
TP2: 0.00190
TP3: 0.00220
Sophon gave up the whole breakout in a single session, which is exactly what a vertical candle into heavy resistance tends to do. Price is back inside the base it broke out of. The story itself hasn't changed: a consumer ZKsync chain winding down with a November 25 user deadline and a pivot to apps funded by product revenue, with soph buybacks and burns paid from that revenue. That's why dips into this base keep finding buyers. Treat it as a tactical trade: buy the base, take profit into the next push, and don't hold through the chain shutdown.
LONG $SOPH
Entry: 0.00125
SL: 0.00110
TP1: 0.00160
TP2: 0.00190
TP3: 0.00220
