$SOPH is trading at 0.001445, down -33.53% over the last 24 hours, consolidating near its support low of 0.001423 and remaining well below key moving averages including the MA(7) at 0.001489, MA(25) at 0.001713, and MA(99) at 0.001602 following a breakdown from the 0.002467 high.
🔻 Bias: Short $SOPH
* Entry range: $0.001440 – $0.001550
* SL: $0.001700
* TP 1: $0.001300
* TP 2: $0.001150
* TP 3: $0.001000
Price action shows continuous downward momentum following a breakdown from higher consolidation zones. The asset remains trading underneath the MA(7), MA(25), and MA(99) moving averages with low volume recovery attempts. This structural setup favors further downside continuation toward lower support targets as long as immediate overhead resistance near 0.001600 remains intact.
🔻 Bias: Short $SOPH
* Entry range: $0.001440 – $0.001550
* SL: $0.001700
* TP 1: $0.001300
* TP 2: $0.001150
* TP 3: $0.001000
Price action shows continuous downward momentum following a breakdown from higher consolidation zones. The asset remains trading underneath the MA(7), MA(25), and MA(99) moving averages with low volume recovery attempts. This structural setup favors further downside continuation toward lower support targets as long as immediate overhead resistance near 0.001600 remains intact.
