$SOPH is showing a strong recovery on the 15m chart, pushing back up to challenge its recent local high at $0.004164! 📈
Quick Technical Highlights:
Current Price: $0.004115 (+11.70%)
24h Range: $0.003537 – $0.004164
Moving Averages: Bullish alignment—price is holding comfortably above MA(7) ($0.003971), MA(25) ($0.003918), and MA(99) ($0.003785) following the bottom bounce at $0.003739.
Order Book Sentiment: Strong buying pressure with bids dominating at 68.12% vs 31.88% asks.
If $SOPH can break and hold above resistance at $0.004164, expect continuation upward. Key support to watch on any pullback sits around $0.00397. ⚡
#SOPH #Sophon #CryptoAnalysis
#Binance #Trading
Quick Technical Highlights:
Current Price: $0.004115 (+11.70%)
24h Range: $0.003537 – $0.004164
Moving Averages: Bullish alignment—price is holding comfortably above MA(7) ($0.003971), MA(25) ($0.003918), and MA(99) ($0.003785) following the bottom bounce at $0.003739.
Order Book Sentiment: Strong buying pressure with bids dominating at 68.12% vs 31.88% asks.
If $SOPH can break and hold above resistance at $0.004164, expect continuation upward. Key support to watch on any pullback sits around $0.00397. ⚡
#SOPH #Sophon #CryptoAnalysis
#Binance #Trading
