SOPH is moving fast 👀
SOPH is up over 100%, currently around $0.01079 after trading as high as $0.01390. That’s a huge move, so I’m more interested in whether it can hold the recovery than chasing the pump.
On the chart, momentum is improving: the MACD histogram has turned positive and is expanding, while price is pushing back toward the MA60 around $0.01084.
$0.0108-$0.0110 is the area to watch. A clean reclaim could keep the short-term momentum alive, but rejection there could lead to some consolidation after such a sharp move.
Big volume, big move, now the key question is whether SOPH can hold the gains.
DYOR
SOPH is up over 100%, currently around $0.01079 after trading as high as $0.01390. That’s a huge move, so I’m more interested in whether it can hold the recovery than chasing the pump.
On the chart, momentum is improving: the MACD histogram has turned positive and is expanding, while price is pushing back toward the MA60 around $0.01084.
$0.0108-$0.0110 is the area to watch. A clean reclaim could keep the short-term momentum alive, but rejection there could lead to some consolidation after such a sharp move.
Big volume, big move, now the key question is whether SOPH can hold the gains.
DYOR
