$SOPH Here's a day trading plan for (SOPH), based on current market behavior and typical altcoin dynamics:
📌 SOPH Day Trade Plan (Short-Term Strategy)
✅ 1. Entry Point
Current Price: ~$0.0044
Ideal Entry Zone: $0.0043–$0.00435
Look for a minor dip or consolidation around this range. Use volume and RSI to confirm.
📈 2. Target Levels (Take-Profit Zones)
Target Level Price Strategy
Target 1 $0.00455 Partial exit (~30–50%)
Target 2 $0.00465–$0.0047 Full exit if reached
If you're aggressive, trail your stop once past Target 1.
🛑 3. Stop Loss
Price: ~$0.0042 or below
Cut losses quickly if it breaks support or closes a 15-minute candle below $0.0042 with volume.
📊 4. Indicators to Watch
RSI (Relative Strength Index): Buy if RSI is around 30–40 (oversold zone)
Volume: Look for rising buy volume before entering
MACD: Bullish crossover can confirm upward momentum
🔁 5. Risk Management
Risk no more than 1–2% of your capital per trade
Use limit orders to control slippage
Avoid trading during extremely low liquidity periods.
🔍 Optional Add-ons
News Check: Look out for any tweets or updates from SophiaVerse project teams.
BTC Correlation: If BTC is dropping fast, SOPH may follow; adjust stops accordingly.