Price action on $SOPH

SOPHUSDT

Prep

0.01419

-1.51%

reflects an extended corrective phase that has now transitioned into a tight base near the lower range. Selling pressure has significantly diminished, and recent candles show stabilization with consistent defense of the 0.014 area. This prolonged compression after a steep decline often signals exhaustion on the downside, and any sustained demand from this level can trigger a technical rebound toward nearby supply zones.

Trade Setup (Long)

Entry Zone: 0.0140 – 0.0146

Target 1: 0.0158

Target 2: 0.0172

Target 3: 0.0195

Stop Loss: 0.0134

As long as price holds above the current base, the structure favors a recovery move. Risk management remains