$SOPH /USDT.

🧠 SOPH / USDT – Intraday Trade Setup

📈 Market Overview

Current Price: $0.05513 (+4.65%)

24h Range: $0.05020 – $0.06370

Category: Layer 1 Gainer

Volume: 824.68M SOPH / $46.80M USDT

Momentum: Recovery after deep pullback from recent highs

📊 Key Technical Levels

ZonePrice RangeNotesResistance$0.0603 – $0.0627Heavy rejection zone, watch for fakeoutsCurrent$0.05513Between MAs, attempting consolidationSupport 1$0.0530 – $0.0540MA(25) zone + recent demandSupport 2$0.0502 – $0.051224h low region, bounce base

MA(7): $0.05492

MA(25): $0.05361

MA(99): $0.05530

Volume Trend: High – 4M–5M MA; current vol 2.26M suggests fading momentum unless re-ignited.

✅ Setup #1: Range Play (Bounce from MA cluster)

Entry: $0.0530 – $0.0540

Stop Loss: $0.0500

Target 1: $0.0560

Target 2: $0.0595

Confidence: Moderate – supports cluster and strong historical bounce zone

✅ Setup #2: Breakout Play (Clear reclaim above resistance)

Trigger: Break and close 15m above $0.0630 with high volume

Entry: $0.0632 – $0.0645

Stop Loss: $0.0600

Target 1: $0.0670

Target 2: $0.0700

Confidence: Higher risk – depends on continuation volume surge

⚠️ Caution Zone

| $0.0550 – $0.0579 | Mid-range chop. Only act with confirmation. No clean trend here yet. |

📌 Summary

MetricValueBiasNeutral to Bullish (range forming)Buy Zone$0.0530 – $0.0540Breakout Entry$0.0630+ (on volume confirmation)Stop Loss$0.0500Targets$0.056 → $0.0595 → $0.067 → $0.070Volume CueNeeds >4M SOPH to sustain breakout

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