$SOPH /USDT SURGES SHARPLY – LONG TRADE SETUP IN PLAY
SOPH has just blasted out of consolidation, jumping from $0.04961 to a high of $0.05907 in one powerful green candle. This move signals a strong breakout, backed by volume and buyer momentum.
Market Snapshot:
Current Price: $0.05809
24h Low: $0.04961
24h High: $0.05907
Volume (SOPH): 335.82M
Why Long?
The breakout above $0.05300 confirms buyer control, and momentum is accelerating quickly. With the structure showing a strong reversal from local lows, there’s potential for a continuation toward higher resistance levels if SOPH holds above $0.05600.
Watch Zones:
Immediate Support: $0.05500
Breakout Level: $0.05300
Next Targets: $0.06150 and $0.06400 if momentum sustains
Conclusion: Momentum is building fast. If bulls hold the current range, long positions could be rewarding. The trend has flipped short-term bullish, and breakout traders are eyeing extended targets.
Trade here on $SOPH