$SOPH when you buy, they sale (Repeat) using long position as fuel to continue down.
*[close to the funding rate time]*
they will buyback suddenly to lure you into thinking there will be a pump then when retail enters at the desired price they will sell it immediately after you enter.
This pattern has been used continuously since the first listing maybe they want to take your money and dump it massively
[counter strategy]
- entry with small size and see how far they take you then make layered purchases at the support price point, you can divide the entry size by 5% at the beginning and you can set the rest yourself