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$SOPH


Long liquidations around $0.00862 highlight continued weakness and show that leveraged buyers are being forced out. The first area to monitor is support around $0.00845–$0.00855. If this zone holds, a recovery toward $0.00880 becomes possible. Immediate resistance is around $0.00875–$0.00890, followed by a stronger barrier near $0.00910. A breakout above $0.00910 could shift momentum toward $0.00935 and $0.00960. However, losing $0.00845 would weaken the setup and could expose $0.00820. The liquidation pressure makes patience important here. Traders should watch volume, candle closes, and whether buyers can reclaim resistance before considering a momentum move.



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