$SOPH /USDT โ Target Crushed! ๐ฏ๐ฅ Massive Momentum Building ๐๐ฏ
Current Price: $0.07340
24h Range: $0.04961 โ $0.07359
24h Volume: 1.21B SOPH / $73.77M USDT
Category: Layer 1 / Top Gainer
๐ Market Snapshot
$SOPH surged over 43% in 24 hours, breaking into price discovery near its 24h high of $0.07359. The sharp rally, backed by heavy volume, signals strong bullish momentumโlikely fueled by speculative activity or news catalysts. That said, the token is approaching short-term overbought levels.
๐น Trade Setup
Entry Zone (on pullback only):
$0.070โ$0.071 โ Ideal retest zone for lower-risk entries
Avoid fresh buys above $0.0736 unless confirmed breakout comes with strong volume.
๐ฏ Targets
Target 1: $0.0785 โ Minor extension based on current trend
Target 2: $0.0840 โ Key psychological and resistance level
Target 3: $0.0920 โ Fibonacci target for sustained breakout
๐ป Stop Loss
Main SL: $0.0675 โ Below breakout and recent higher low
Conservative SL: $0.0640 โ Below mid-range support structure
๐ Key Levels
Support: $0.0700 / $0.0675 / $0.0640
Resistance: $0.0736 (local high), $0.0785, $0.0840
๐ก Strategy Notes
RSI likely signals overbought conditionsโexpect potential quick pullbacks.
Watch volume carefully: rising price + falling volume = exhaustion risk.
Best entry opportunities usually come from a healthy retracement and retest near $0.070โ$0.071.
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