The $SOPH coin
H saw an explosive move nearing the standard levels, reaching 0.01390 before bouncing back to the 0.00595 zones, along with a notable increase in trading volumes (Volume).
📌 Technical Reading:
RSI indicator: Records extremely high levels at 93, which means we’ve entered a severe overbought zone that may require a retest of support areas before any further upward movement.
Expected Support Zones: Near the moving average MA(7) at levels 0.00450 - 0.00480.
Targets if it holds: Retesting 0.00850, then 0.01100.
#SOPH #BinanceSquare
H saw an explosive move nearing the standard levels, reaching 0.01390 before bouncing back to the 0.00595 zones, along with a notable increase in trading volumes (Volume).
📌 Technical Reading:
RSI indicator: Records extremely high levels at 93, which means we’ve entered a severe overbought zone that may require a retest of support areas before any further upward movement.
Expected Support Zones: Near the moving average MA(7) at levels 0.00450 - 0.00480.
Targets if it holds: Retesting 0.00850, then 0.01100.
#SOPH #BinanceSquare
