$SOPH BREAKOUT OR PULLBACK? – $SOPH/USDT on the Brink!
$SOPH is currently trading at $0.06356, holding near a key demand zone with noticeable buying activity. After a strong intraday surge (+111.87%), the market is cooling off slightly and preparing for its next big move.
Key Technical Levels
• Immediate Resistance: $0.06480 – A breakout above this zone could reignite bullish momentum.
• Strong Support: $0.06320 – Holding above this range keeps bulls in play; losing it may invite sellers.
Trade Setup – Watch Closely for a Directional Break!
Bullish Scenario:
If SOPH breaks above $0.06480 with volume confirmation:
• TP1: $0.06800
• TP2: $0.07150
Bearish Scenario:
If SOPH drops below $0.06320 support zone:
• TP1: $0.06000
• TP2: $0.05780
Stop-Loss Guidance:
• For long trades: SL below $0.06280
• For short trades: SL above $0.06500
Stay alert—$SOPH is at a make-or-break level, and volatility is just around the corner!