Sophon narxiSOPH

$SOPH - Mcap 28.32M$ - 89%/ 12.8K votes Bullish SC02 M1 - pending Short order. Entry lies within LVN + not affected by any weak zone, estimated stop-loss around 0.50%. The downtrend is in the 81st cycle, amplitude −2.54%. #TradingSetup #CryptoInsights

$SOPH is clearly in a downtrend continuation, not a reversal. After the rejection from the 0.019–0.018 supply zone, price has been printing lower highs and lower lows with weak bounce attempts. Every relief move is getting sold quickly — classic bearish control. The current base around 0.0145 is not accumulation, it’s compression under resistance. Until $SOPH reclaims key intraday levels with strength, longs remain risky and low probability. This setup favors sell-the-bounce scalps, not bottom picking. 📌 Trend shift condition Only a clean reclaim and hold above 0.0155–0.0158 would invalidate the short bias. Below that, downside pressure stays active.

BlockBeats News, December 21, according to Coinglass data, the top net outflows of funds in the past 24 hours in the cryptocurrency spot market are as follows: BTC net outflow of $73 million; NIGHT net outflow of $67 million; ETH net outflow of $46 million; WET net outflow of $11.3 million; SOPH net outflow of $6.75 million. The top net inflows of funds in the cryptocurrency spot market are as follows: XRP net inflow of $12.3 million; TRX net inflow of $11.5 million; UNI net inflow of $11.32 million; USDE net inflow of $4.88 million; DOGE net inflow of $2.4 million.

$SOPH short only trash coin