$SOPH /USDT BULLISH ANALYSIS
Current Price: $0.02739 (+15.23%)
$SOPH is showing strong bullish momentum after rebounding from recent lows. The price is trading above MA(7) at $0.02722 and MA(99) at $0.02494, while testing MA(25) at $0.02803. This indicates growing buying pressure and potential for an upside breakout.
Key Levels:
Resistance: $0.0309 – $0.0323 (Breakout Zone)
Support: $0.0270 – $0.0254 (Pullback Support)
Major Support: $0.0236
Trade Setup (LONG Entry):
Entry: $0.0270 – $0.0275
Take Profit (TP):
TP1: $0.0309
TP2: $0.0323
TP3: $0.0350
Stop Loss (SL): $0.0250
#SOPHUSDT #tradingcrypto #MarketPullback #BinanceHODLerTURTLE #FedPaymentsInnovation