The $SOPH pair is trading at 0.001379, down 25.62% over 24 hours, with the price holding near the support low at 0.001366 and clearly remaining below the key moving averages, including MA(7) at 0.001403, MA(25) at 0.001514, and MA(99) at 0.001597.
🔻 Direction: Short $SOPH
* Entry range: $0.001350 – $0.001420
* SL: $0.001550
* TP 1: $0.001250
* TP 2: $0.001100
* TP 3: $0.000950
Price action shows continued and accelerating selling pressure following the sharp drop from higher levels. The price is holding below the MA(7), MA(25), and MA(99) moving averages amid a clear lack of buyer interest. This technical structure supports further downside toward lower support targets as long as resistance near 0.001450 holds.
🔻 Direction: Short $SOPH
* Entry range: $0.001350 – $0.001420
* SL: $0.001550
* TP 1: $0.001250
* TP 2: $0.001100
* TP 3: $0.000950
Price action shows continued and accelerating selling pressure following the sharp drop from higher levels. The price is holding below the MA(7), MA(25), and MA(99) moving averages amid a clear lack of buyer interest. This technical structure supports further downside toward lower support targets as long as resistance near 0.001450 holds.
