$SOPH Squeeze Getting Tighter, Breakout in Sight?
SOPH is holding at $0.03439, coiling just below minor resistance. Price is compressing in a narrow range with low volume, indicating a breakout setup could be near.
Key Levels to Watch:
Resistance Zones:
• $0.03460 – Short-term breakout point
• $0.03500 – Recovery continuation level
• $0.03574 – Daily high to reclaim bullish strength
Support Zones:
• $0.03420 – Immediate support
• $0.03350 – Breakdown risk below range
Trade Outlook – Setup Loading
Bullish Move:
Break above $0.03460 could aim for:
• Target 1: $0.03500
• Target 2: $0.03574
Bearish Move:
Losing $0.03420 might pull price toward:
• Target 1: $0.03350
• Target 2: $0.03280
Keep eyes on volume—tight ranges like this often break fast. Stay ready for volatility.