š» $SOPH /USDT ā Pressure Mounting Near Support! Will Bulls React Soon? ā³
$SOPH is trading just above the key support at $0.0389 after a consistent downtrend. The 1H chart shows tight consolidation ā a decisive move is near! āļø
š Chart Insights: ⢠Multiple tests of $0.0389 support ā strong base
⢠Stuck below mid-Bollinger Band ($0.04018)
⢠Bands squeezing ā breakout or breakdown ahead
šÆ Trade Plan ā Support Rebound or Breakdown Catch
⢠Entry Zone: $0.0393 ā $0.0396
⢠TP1: $0.0402 ā Mid-band target
⢠TP2: $0.0415 ā Upper Bollinger resistance
⢠TP3: $0.0432 ā Previous top
⢠SL: $0.0386 ā Below recent support
š Watch for a bullish candle with volume near support ā it could mark the turnaround! šš