SOPH
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📊 SOPH/USDT 4H Technical Analysis
🚀 Market Structure
$SOPH is attempting a short-term recovery after forming a clear bottom near 0.01129. Price is currently trading around 0.01275, showing higher highs and higher lows, which signals a bullish corrective move within a broader downtrend.
📈 Momentum & RSI
The RSI(6) around 70 indicates strong bullish momentum but also warns of overbought conditions, increasing the chances of a short-term pullback or consolidation.
🔴 Key Resistance Zones
0.01330 – 0.01360
🟢 Key Support Zones
0.01200 – 0.01180
🧠 Trading Outlook
Aggressive traders may target resistance, while conservative traders should wait for a pullback to support with confirmation. Risk management is crucial due to higher-timeframe bearish pressure.