$SOPH Analysis:
$SOPH executed a buy-side liquidity sweep above $0.0050486, trapping late breakout buyers into the upper Fair Value Gap before rejecting sharply. An upper wick rejection confirms smart money distribution into supply.
Open Interest is crowding at $5.38M while funding sits at -0.0022%, pointing to buyer fatigue at resistance and high risk of a rapid corrective flush.
🎯 Entry: $0.0048555 (Zone: $0.0048984 - $0.0050486)
🏆 Targets: TP1 $-0.0052802 | TP2 $-0.0093010 | TP3 $-0.0149300 | TP4 HOLD
$SOPH executed a buy-side liquidity sweep above $0.0050486, trapping late breakout buyers into the upper Fair Value Gap before rejecting sharply. An upper wick rejection confirms smart money distribution into supply.
Open Interest is crowding at $5.38M while funding sits at -0.0022%, pointing to buyer fatigue at resistance and high risk of a rapid corrective flush.
🎯 Entry: $0.0048555 (Zone: $0.0048984 - $0.0050486)
🏆 Targets: TP1 $-0.0052802 | TP2 $-0.0093010 | TP3 $-0.0149300 | TP4 HOLD
